Norway House Price Index / Quarterly (National)
House prices in Norway, % change 1 yr
Nominal and inflation-adjusted ('real')
Quarterly change in house prices, inflation-adjusted
| Q1 | Q2 | Q3 | Q4 | |
| 2025 | 4.48% | 1.31% | -1.52% | -1.42% |
| 2024 | 3.34% | 3.16% | -1.34% | -2.64% |
| 2023 | 1.20% | 1.60% | -3.28% | -4.50% |
| 2022 | 3.90% | 1.55% | -3.99% | -5.01% |
| 2021 | 4.27% | 4.33% | -1.76% | -3.04% |
| 2020 | 2.14% | 2.62% | 0.62% | 0.27% |
| 2019 | 2.36% | 2.24% | -1.12% | -2.44% |
| 2018 | 1.25% | 2.75% | -2.24% | -2.70% |
| 2017 | 3.75% | 0.39% | -2.64% | -1.98% |
| 2016 | 2.75% | 2.91% | 0.98% | -0.44% |
| 2015 | 3.37% | 2.29% | -0.76% | -2.82% |
| 2014 | 1.96% | 3.10% | -0.47% | -0.89% |
| 2013 | 2.46% | 1.81% | -2.23% | -3.18% |
| 2012 | 3.06% | 3.03% | 1.28% | -1.82% |
| 2011 | 4.63% | 2.06% | 1.05% | -0.80% |
| 2010 | 1.86% | 3.16% | 0.20% | -1.10% |
| 2009 | 4.25% | 4.22% | 1.83% | -0.55% |
| 2008 | 1.28% | 1.00% | -4.58% | -7.90% |
| 2007 | 7.37% | 3.22% | -0.02% | -4.22% |
| 2006 | 5.98% | 3.65% | 3.19% | 0.42% |
| 2005 | 4.18% | 1.69% | 0.70% | -0.61% |
| 2004 | 7.16% | 1.02% | 0.24% | 0.64% |
| 2003 | -0.59% | 2.37% | 0.19% | 0.80% |
| 2002 | 2.69% | 2.97% | -3.15% | -1.84% |
| 2001 | 1.97% | 3.12% | 1.03% | -0.61% |
| 2000 | 4.85% | 5.88% | -3.19% | -0.92% |
| 1999 | 2.96% | 7.33% | 2.19% | 2.41% |
| 1998 | 3.18% | 5.74% | -1.18% | -3.40% |
| 1997 | 0.50% | 6.72% | 0.52% | 0.81% |
| 1996 | 1.08% | 3.78% | 1.41% | 1.72% |
| 1995 | -0.54% | 3.36% | 1.52% | 1.04% |
| 1994 | 2.90% | 2.21% | 3.68% | -0.87% |
| 1993 | -4.59% | 4.08% | 3.75% | 2.88% |
| 1992 | -0.57% | 0.27% | -2.98% |
This table shows the change in house prices during a single quarter, adjusted for inflation.
Adjusting house price rises (or declines) for inflation produces a more accurate picture of the change in value of housing than the usual nominal figures cited in the newspapers.
Yearly change in house prices, nominal and inflation-adjusted
| Year | Inflation Adjusted | Nominal Change |
| 2025 | 2.76% | 5.94% |
| 2024 | 2.40% | 4.84% |
| 2023 | -5.02% | -0.73% |
| 2022 | -3.77% | 2.61% |
| 2021 | 3.62% | 8.42% |
| 2020 | 5.75% | 7.11% |
| 2019 | 0.96% | 2.58% |
| 2018 | -1.05% | 2.27% |
| 2017 | -0.60% | 0.73% |
| 2016 | 6.31% | 10.09% |
| 2015 | 1.98% | 4.54% |
| 2014 | 3.70% | 5.80% |
| 2013 | -1.26% | 1.01% |
| 2012 | 5.59% | 6.87% |
| 2011 | 7.04% | 7.93% |
| 2010 | 4.14% | 6.51% |
| 2009 | 10.03% | 11.59% |
| 2008 | -10.10% | -6.91% |
| 2007 | 6.13% | 7.59% |
| 2006 | 13.82% | 16.61% |
| 2005 | 6.03% | 7.99% |
| 2004 | 9.21% | 10.56% |
| 2003 | 2.78% | 4.04% |
| 2002 | 0.52% | 2.76% |
| 2001 | 5.58% | 7.69% |
| 2000 | 6.49% | 9.81% |
| 1999 | 15.66% | 18.77% |
| 1998 | 4.15% | 6.55% |
| 1997 | 8.68% | 11.11% |
| 1996 | 8.22% | 10.13% |
| 1995 | 5.45% | 7.73% |
| 1994 | 8.10% | 10.00% |
| 1993 | 6.00% | 8.11% |
This table shows how house prices have changed over each year. It compares the latest quarter or month of a given year with the same period the year before, so you can quickly see whether prices went up or down over that year.
