House prices in Norway rose by 5.8 percent from a year earlier in September 2020, the biggest increase since June 2017, amid low interest rates. Oslo and Porsgrunn/Skien recorded the strongest house price growth with an increase of 7.7 percent, while Stavanger and the surrounding area had the weakest development with an advance of 1.7 percent. On a seasonally adjusted monthly basis, house prices increased by 1.3 percent. source: Eiendom Norge/Real Estate Norway
Housing Index in Norway averaged 189.52 points from 2003 until 2020, reaching an all time high of 284.38 points in September of 2020 and a record low of 99.67 points in June of 2003. This page provides the latest reported value for - Norway House Price Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Norway Existing House Price Index - values, historical data and charts - was last updated on October of 2020.
Housing Index in Norway is expected to be 269.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Housing Index in Norway to stand at 279.00 in 12 months time. In the long-term, the Norway Existing House Price Index is projected to trend around 285.00 points in 2021 and 291.00 points in 2022, according to our econometric models.