Norway House Prices Growth

1993 - 2024 | Quarterly | % | CEIC Data

Key information about House Prices Growth

  • Norway house prices grew 3.3% YoY in Sep 2024, following an increase of 1.5% YoY in the previous quarter.
  • YoY growth data is updated quarterly, available from Mar 1993 to Sep 2024, with an average growth rate of 7.1%.
  • House price data reached an all-time high of 21.2% in Mar 2000 and a record low of -6.9% in Dec 2008.

CEIC calculates House Prices Growth from quarterly House Price Index. Statistics Norway provides House Price Index with base 2015=100.

View Norway's House Prices Growth from Mar 1993 to Sep 2024 in the chart:

Norway House Prices Growth

What was Norway's House Prices Growth in Sep 2024?

Norway house prices grew 3.3% YoY in Sep 2024, following an increase of 1.5% YoY in the previous quarter. See the table below for more data.

Last Previous Min Max Unit Frequency Range
3.3 Sep 2024 1.5 Jun 2024 -6.9 Dec 2008 21.2 Mar 2000 % quarterly Mar 1993 - Sep 2024

House Prices Growth by Country Comparison

country/region Last Frequency Range
Australia (%) 6.6 Sep 2024 quarterly Sep 2004 - Sep 2024
Austria (%) -3.2 Jun 2024 quarterly Sep 1987 - Jun 2024
Belarus (%) -2.5 Dec 2021 quarterly Mar 2010 - Dec 2021
Belgium (%) 1.8 Jun 2024 quarterly Mar 1974 - Jun 2024
Bosnia and Herzegovina (%) 17.0 2022 yearly 2009 - 2022
Brazil (%) 7.3 Nov 2024 monthly Jan 2009 - Nov 2024
Brunei (%) -0.8 Jun 2024 quarterly Mar 2016 - Jun 2024
Bulgaria (%) 15.1 Jun 2024 quarterly Mar 2006 - Jun 2024
Canada (%) -0.2 Oct 2024 monthly Jan 1982 - Oct 2024
Chile (%) -1.7 Sep 2024 monthly Jan 2004 - Sep 2024
China (%) -5.2 Oct 2024 monthly Mar 1999 - Oct 2024
Colombia (%) 10.4 Sep 2024 quarterly Mar 1998 - Sep 2024
Croatia (%) 1.8 Dec 2023 semiannually Jun 1996 - Dec 2023
Cyprus (%) 8.0 Jun 2024 quarterly Mar 2007 - Jun 2024
Czech Republic (%) 1.0 Mar 2023 quarterly Mar 2006 - Mar 2023
Denmark (%) 12.3 Jan 2022 monthly Jan 2007 - Jan 2022
Estonia (%) -1.5 Dec 2024 quarterly Sep 2004 - Dec 2024
European Union (%) 2.9 Jun 2024 quarterly Mar 2006 - Jun 2024
Finland (%) 2.0 Dec 2017 quarterly Mar 2011 - Dec 2017
France (%) -4.6 Jun 2024 quarterly Mar 2001 - Jun 2024
Georgia (%) 7.8 Jun 2021 monthly May 2016 - Jun 2021
Germany (%) -2.6 Jun 2024 quarterly Mar 2001 - Jun 2024
Greece (%) 9.0 Jun 2024 quarterly Mar 2000 - Jun 2024
Hong Kong SAR, China (%) -9.9 Oct 2024 monthly Jan 1994 - Oct 2024
Hungary (%) 10.4 Jun 2024 quarterly Mar 2008 - Jun 2024
Iceland (%) 8.8 Nov 2024 monthly Mar 2001 - Nov 2024
India (%) 2.6 Sep 2024 quarterly Mar 2011 - Sep 2024
Indonesia (%) 1.5 Sep 2024 quarterly Mar 2003 - Sep 2024
Ireland (%) 10.0 Sep 2024 monthly Jan 2006 - Sep 2024
Israel (%) 6.1 Aug 2024 monthly Jan 1995 - Aug 2024
Italy (%) 2.9 Jun 2024 quarterly Mar 2011 - Jun 2024
Japan (%) 4.5 Aug 2024 monthly Apr 2009 - Aug 2024
Kazakhstan (%) 4.1 Oct 2024 monthly Nov 2013 - Oct 2024
South Korea (%) -0.2 Nov 2024 monthly Jan 1987 - Nov 2024
Latvia (%) 17.3 Mar 2022 quarterly Mar 2007 - Mar 2022
Lithuania (%) 13.1 Mar 2023 quarterly Mar 2007 - Mar 2023
Luxembourg (%) -8.3 Jun 2024 quarterly Mar 2008 - Jun 2024
North Macedonia (%) 4.7 Mar 2024 quarterly Mar 2001 - Mar 2024
Malaysia (%) 0.9 Jun 2024 quarterly Mar 2000 - Jun 2024
Malta (%) 4.1 Sep 2024 quarterly Mar 2001 - Sep 2024
Mexico (%) 9.2 Sep 2024 quarterly Mar 2006 - Sep 2024
Mongolia (%) 12.3 Sep 2024 quarterly Mar 2023 - Sep 2024
Montenegro (%) 12.8 Sep 2024 quarterly Mar 2012 - Sep 2024
Morocco (%) -0.4 Jun 2024 quarterly Mar 2007 - Jun 2024
Netherlands (%) 11.5 Oct 2024 monthly Jan 1996 - Oct 2024
New Zealand (%) 1.6 Jun 2024 quarterly Dec 1990 - Jun 2024
Norway (%) 3.3 Sep 2024 quarterly Mar 1993 - Sep 2024
Palestinian Territory (%) -0.6 Sep 2024 quarterly Mar 2019 - Sep 2024
Peru (%) 7.0 Dec 2021 quarterly Dec 2008 - Dec 2021
Philippines (%) 2.7 Jun 2024 quarterly Mar 2015 - Jun 2024
Poland (%) 16.3 Sep 2024 quarterly Dec 2006 - Sep 2024
Portugal (%) 7.8 Jun 2024 quarterly Mar 2010 - Jun 2024
Romania (%) 7.0 Sep 2022 quarterly Mar 2010 - Sep 2022
Russia (%) 11.8 Dec 2022 quarterly Mar 2006 - Dec 2022
Serbia (%) -5.0 Dec 2023 semiannually Jun 1995 - Dec 2023
Singapore (%) 4.4 Sep 2024 quarterly Mar 1976 - Sep 2024
Slovakia (%) 3.4 Sep 2024 quarterly Mar 2006 - Sep 2024
Slovenia (%) 6.7 Jun 2024 quarterly Mar 2008 - Jun 2024
South Africa (%) 7.3 Nov 2016 monthly Jan 1967 - Nov 2016
Spain (%) 4.0 Oct 2024 monthly Jan 2002 - Oct 2024
Sweden (%) 1.6 Sep 2024 quarterly Mar 1987 - Sep 2024
Switzerland (%) 1.9 Sep 2024 quarterly Mar 1971 - Sep 2024
Taiwan (%) 12.5 Sep 2024 quarterly Mar 2002 - Sep 2024
Thailand (%) 8.5 Sep 2021 monthly Mar 2009 - Sep 2021
Turkey (%) 29.4 Nov 2024 monthly Jan 2011 - Nov 2024
Ukraine (%) 10.5 Sep 2024 quarterly Mar 2017 - Sep 2024
United Kingdom (%) 3.7 Nov 2024 monthly Jan 1992 - Nov 2024
United States (%) 5.2 Sep 2024 quarterly Mar 1992 - Sep 2024

Accurate Macro & Micro Economic Data You Can Trust

Explore the most complete set of 6.6 million time series covering more than 200 economies, 20 industries and 18 macroeconomic sectors.

Learn more about what we do

Norway Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 13.8 Jun 2024 quarterly Dec 2002 - Jun 2024
Consolidated Fiscal Balance (USD mn) 19,728.007 Jun 2024 quarterly Mar 2002 - Jun 2024
Tax Revenue (USD mn) 37,734.050 Jun 2024 quarterly Mar 2002 - Jun 2024
Tax Revenue: % of GDP (%) 31.7 Jun 2024 quarterly Mar 2002 - Jun 2024
National Government Debt (USD mn) 224,382.7 2023 yearly 1995 - 2023
Government Debt: % of GDP (%) 44.3 2023 yearly 1995 - 2023
Forecast: Government Expenditure (NOK bn) 3,010.754 2029 yearly 1980 - 2029
Forecast: Government Net Debt (NOK bn) 2,401.942 2029 yearly 1980 - 2029
Forecast: Government Revenue (NOK bn) 3,428.365 2029 yearly 1980 - 2029
General Govt Taxes: GS: Value Added Tax (NOK mn) 381,500.000 2023 yearly 1995 - 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 1.489 2029 yearly 1980 - 2029
Trade Balance (USD mn) 4,024.9 Sep 2024 monthly Jan 1957 - Sep 2024
Total Exports (USD mn) 15,002.3 Oct 2024 monthly Jan 1975 - Oct 2024
Total Exports Growth (%) -6.1 Oct 2024 monthly Jan 1976 - Oct 2024
Aluminum: Exports (USD th) 4,581,890.806 2023 yearly 1995 - 2023
Exports: Medicament (USD th) 515,748.196 2023 yearly 1995 - 2023
Exports: Medicinal and Pharmaceutical Product (USD th) 296,273.789 2023 yearly 1995 - 2023
Total Imports (USD mn) 8,399.0 Sep 2024 monthly Jan 1976 - Sep 2024
Total Imports Growth (%) 1.2 Sep 2024 monthly Jan 1977 - Sep 2024
Imports: Medicament (USD th) 1,770,963.762 2023 yearly 1995 - 2023
Imports: Medicinal and Pharmaceutical Product (USD th) 855,378.267 2023 yearly 1995 - 2023
Total Exports to USA (USD mn) 498.481 Oct 2024 monthly Jan 1988 - Oct 2024
Total Imports from USA (USD mn) 535.525 Oct 2024 monthly Apr 1963 - Oct 2024
Total Exports to China (USD mn) 261.054 Sep 2024 monthly Mar 1977 - Sep 2024
Total Imports from China (USD mn) 1,041.058 Sep 2024 monthly Apr 1963 - Sep 2024
Exports: Crude Oil (NOK mn) 39,986.000 Oct 2024 monthly Jan 1974 - Oct 2024
Imports (NOK mn) 98,864.000 Oct 2024 monthly Jan 1976 - Oct 2024
Exports (NOK mn) 162,574.000 Oct 2024 monthly Jan 1975 - Oct 2024
Exports: United Kingdom (NOK th) 20,415,199.000 Sep 2024 monthly Jan 1988 - Sep 2024
Exports: Netherlands (NOK th) 15,793,580.000 Sep 2024 monthly Jan 1988 - Sep 2024
Exports: Sweden (NOK th) 10,034,380.000 Oct 2024 monthly Jan 1988 - Oct 2024
Exports: Germany (NOK th) 28,176,066.000 Oct 2024 monthly Jan 1988 - Oct 2024
Exports: France (NOK th) 9,290,844.000 Oct 2024 monthly Jan 1988 - Oct 2024
Exports: 1-Digit: Chemical and Related Product (NOK th) 6,409,582.000 Oct 2024 monthly Jan 1988 - Oct 2024
Exports: 1-Digit: Food and Live Animals (NOK th) 19,058,250.000 Oct 2024 monthly Jan 1988 - Oct 2024
Exports: 1-Digit: Manufactured Goods (NOK th) 11,108,982.000 Oct 2024 monthly Jan 1988 - Oct 2024
Exports: 1-Digit: Mineral Fuels and Lubricants (NOK th) 105,833,895.000 Oct 2024 monthly Jan 1988 - Oct 2024
Exports: 1-Digit: Machinery and Transport Equipment (NOK th) 11,991,470.000 Oct 2024 monthly Jan 1988 - Oct 2024
Imports: Denmark (NOK th) 4,045,700.000 Oct 2024 monthly Jan 1988 - Oct 2024
Imports: China (NOK th) 12,429,869.000 Oct 2024 monthly Jan 1988 - Oct 2024
Imports: Sweden (NOK th) 10,569,098.000 Oct 2024 monthly Jan 1988 - Oct 2024
Imports: United Kingdom (NOK th) 3,925,293.000 Sep 2024 monthly Jan 1988 - Sep 2024
Imports: Germany (NOK th) 10,322,234.000 Oct 2024 monthly Jan 1988 - Oct 2024
Imports: 1-Digit: Miscellaneous Manufactured Goods (NOK th) 14,400,377.000 Oct 2024 monthly Jan 1988 - Oct 2024
Imports: 1-Digit: Machinery and Transport Equipment (NOK th) 33,295,690.000 Sep 2024 monthly Jan 1988 - Sep 2024
Imports: 1-Digit: Chemical and Related Product (NOK th) 10,657,739.000 Oct 2024 monthly Jan 1988 - Oct 2024
Imports: 1-Digit: Crude Material and Inedible (NOK th) 4,788,340.000 Sep 2024 monthly Jan 1988 - Sep 2024
Imports: 1-Digit: Manufactured Goods (NOK th) 13,636,726.000 Oct 2024 monthly Jan 1988 - Oct 2024
Import Volume Index: sa: Beverages and Tobacco (2000=100) 265.000 Jun 2024 quarterly Mar 1989 - Jun 2024
Import Volume Index: Animal and Vegetable Oil and Fats (2000=100) 473.100 Sep 2024 quarterly Mar 1989 - Sep 2024
Import Volume Index: sa: Animal and Vegetable Oil and Fats (2000=100) 352.300 Jun 2024 quarterly Mar 1989 - Jun 2024
Import Volume Index: sa: Miscellaneous Manufactured Goods (2000=100) 148.900 Sep 2024 quarterly Mar 1989 - Sep 2024
Import Volume Index: sa: Machinery and Transport Equipment (2000=100) 198.500 Sep 2024 quarterly Mar 1989 - Sep 2024
Import Volume Index: sa: Food and Live Animals (2000=100) 192.300 Jun 2024 quarterly Mar 1989 - Jun 2024
Import Volume Index: Food and Live Animals (2000=100) 187.600 Sep 2024 quarterly Mar 1989 - Sep 2024
Import Volume Index: Beverages and Tobacco (2000=100) 254.900 Sep 2024 quarterly Mar 1989 - Sep 2024
Import Volume Index: Miscellaneous Manufactured Goods (2000=100) 153.300 Sep 2024 quarterly Mar 1989 - Sep 2024
Import Volume Index: sa (2000=100) 178.100 Jun 2024 quarterly Mar 1989 - Jun 2024
Import Volume Index: Machinery and Transport Equipment (2000=100) 190.300 Sep 2024 quarterly Mar 1989 - Sep 2024
Import Volume Index (2000=100) 182.800 Sep 2024 quarterly Mar 1989 - Sep 2024
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -53.1 Sep 2024 quarterly Mar 1994 - Sep 2024
Current Account Balance (USD mn) 27,310.5 Mar 2023 quarterly Mar 1981 - Mar 2023
Current Account Balance: % of GDP (%) 18.1 Sep 2024 quarterly Mar 1981 - Sep 2024
Foreign Direct Investment (USD mn) -1,870.9 Sep 2024 quarterly Mar 2005 - Sep 2024
Foreign Direct Investment: % of GDP (%) -0.9 Dec 2022 quarterly Mar 2005 - Dec 2022
Foreign Portfolio Investment (USD mn) 6,302.674 Sep 2024 quarterly Mar 1994 - Sep 2024
Foreign Portfolio Investment: % of GDP (%) 5.4 Sep 2024 quarterly Mar 1994 - Sep 2024
Foreign Portfolio Investment: Equity Securities (USD mn) -276.2 Sep 2024 quarterly Mar 2005 - Sep 2024
Foreign Portfolio Investment: Debt Securities (USD mn) 6,578.860 Sep 2024 quarterly Mar 2005 - Sep 2024
External Debt (USD mn) 743,199.9 Sep 2024 quarterly Mar 2003 - Sep 2024
External Debt: % of GDP (%) 148.1 2023 yearly 2003 - 2023
External Debt: Short Term (USD mn) 261,432.7 Sep 2023 quarterly Mar 2012 - Sep 2023
External Debt: Short Term: % of GDP (%) 46.6 2022 yearly 2012 - 2022
Total Debt: % of GDP (%) 603.1 Sep 2024 quarterly Dec 1995 - Sep 2024
Forecast: Current Account Balance (USD bn) 36.259 2029 yearly 1980 - 2029
Net International Investment Position (USD mn) 1,781,619.147 Sep 2024 quarterly Mar 2012 - Sep 2024
BoP: FA: Foreign Assets: Direct Investment (DI) (NOK mn) -568.000 Sep 2024 quarterly Mar 2005 - Sep 2024
BoP: FA: Foreign Assets: Portfolio Investment (PI) (NOK mn) 273,716.000 Sep 2024 quarterly Mar 2005 - Sep 2024
BoP: Financial Account (FA): Foreign Assets (NOK mn) 235,491.000 Sep 2024 quarterly Mar 2005 - Sep 2024
BoP: FA: Foreign Liabilities (NOK mn) 52,662.000 Sep 2024 quarterly Mar 2005 - Sep 2024
BoP: FA: Foreign Liabilities: Direct Investment (DI) (NOK mn) -20,031.000 Sep 2024 quarterly Mar 2005 - Sep 2024
BoP: FA: Foreign Assets: Reserve Assets (NOK mn) 14,658.000 Sep 2024 quarterly Mar 2005 - Sep 2024
BoP: FA: Foreign Assets: Other Investments (NOK mn) -12,182.000 Sep 2024 quarterly Mar 2005 - Sep 2024
BoP: FA: Foreign Liabilities: Portfolio Investment (PI) (NOK mn) 67,480.000 Sep 2024 quarterly Mar 2005 - Sep 2024
BoP: FA: Foreign Liabilities: Other Investments (NOK mn) 5,213.000 Sep 2024 quarterly Mar 2005 - Sep 2024
BoP: BI: Net Compensation of Employees and Investment Income (NOK mn) 77,548.000 Sep 2024 quarterly Mar 1981 - Sep 2024
BoP: BI: Net Current Transfers (NOK mn) -18,285.000 Sep 2024 quarterly Mar 1981 - Sep 2024
BoP: Current Account Balance (NOK mn) 225,471.000 Sep 2024 quarterly Mar 1981 - Sep 2024
International Investment Position (IIP): Foreign Assets: Net (NOK mn) 18,777,375.000 Sep 2024 quarterly Mar 2012 - Sep 2024
IIP: Foreign Assets (NOK mn) 29,937,743.000 Sep 2024 quarterly Mar 2012 - Sep 2024
IIP: Foreign Liabilities (NOK mn) 11,160,368.000 Sep 2024 quarterly Mar 2012 - Sep 2024
Gross External Debt (NOK mn) 7,832,955.000 Sep 2024 quarterly Mar 2012 - Sep 2024
Gross Debt: External Loan Debt: General Public (NOK mn) 1,222,575.000 Dec 2018 quarterly Dec 2015 - Dec 2018
Foreign Direct Investment: Stock (NOK mn) 1,873,497.000 2023 yearly 2004 - 2023
Direct Investment Abroad: Stock: Equity Capital: Belgium (NOK mn) 7,402.000 2023 yearly 1998 - 2023
Direct Investment Abroad: Stock: Equity Capital: Singapore (NOK mn) 96,245.000 2023 yearly 1998 - 2023
Direct Investment Abroad: Stock: Equity Capital: Africa (NOK mn) 19,104.000 2023 yearly 2004 - 2023
Direct Investment Abroad: Stock: Equity Capital: Netherlands (NOK mn) 205,055.000 2023 yearly 1998 - 2023
Direct Investment Abroad: Stock: Equity Capital: Sweden (NOK mn) 295,556.000 2023 yearly 1998 - 2023
Direct Investment Abroad: Stock: Equity Capital (NOK mn) 1,701,383.000 2017 yearly 2004 - 2017
No of Bankruptcies: SIC 2007 (Unit) 939.000 Sep 2024 quarterly Mar 2006 - Sep 2024
No of New Registered Enterprises (Unit) 15,692.000 Sep 2024 quarterly Mar 2001 - Sep 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.4 2022 yearly 1990 - 2022
Household Debt: % of GDP (%) 90.7 Sep 2024 quarterly Dec 1995 - Sep 2024
Money Supply M1 (USD mn) 249,171.101 Oct 2024 monthly Dec 1992 - Oct 2024
Money Supply M2 (USD mn) 290,664.280 Oct 2024 monthly Dec 1992 - Oct 2024
M2 Growth (%) 4.0 Oct 2024 monthly Dec 1993 - Oct 2024
Reserve Requirement Ratio (%) 3.5 Oct 2024 monthly Oct 2011 - Oct 2024
Foreign Exchange Reserves (USD mn) 76,492.4 Nov 2024 monthly Jan 1999 - Nov 2024
Foreign Exchange Reserves: % of GDP (%) 16.403 Sep 2024 quarterly Mar 1999 - Sep 2024
Foreign Exchange Reserves: Months of Import (NA) 8.7 Oct 2024 monthly Jan 1999 - Oct 2024
Gold Reserves (USD mn) 0.000 Nov 2024 monthly Dec 1959 - Nov 2024
Total Deposits (USD mn) 451,000.499 Oct 2024 monthly May 2009 - Oct 2024
Total Deposits Growth (%) 0.0 Oct 2024 monthly May 2010 - Oct 2024
Domestic Credit (USD mn) 678,301.5 Oct 2024 monthly Dec 1985 - Oct 2024
Domestic Credit Growth (%) 3.5 Oct 2024 monthly Dec 1986 - Oct 2024
Debt Service Ratio: Households (%) 20.400 Dec 2023 quarterly Mar 1999 - Dec 2023
Debt Service Ratio: Private Non-Financial Sector (%) 34.900 Dec 2023 quarterly Mar 1999 - Dec 2023
Credit to Households (USD bn) 435.760 Dec 2023 quarterly Mar 1975 - Dec 2023
Credit to Private Non-Financial Sector (USD bn) 1,155.120 Dec 2023 quarterly Dec 1953 - Dec 2023
Household Debt (USD mn) 443,187.7 Sep 2024 quarterly Dec 1995 - Sep 2024
Total Loans (USD mn) 772,122.776 Sep 2024 monthly Mar 1996 - Sep 2024
Total Loans Growth (%) 4.17 Sep 2024 monthly Mar 1997 - Sep 2024
Private Debt: % of Nominal GDP (%) 120.33 Sep 2024 quarterly Mar 1996 - Sep 2024
Monetary Aggregates: M3: M2 (NOK mn) 3,206,463.000 Oct 2024 monthly Dec 1992 - Oct 2024
Monetary Aggregates: Base Money (NOK mn) 103,256.000 Oct 2024 monthly Jan 1900 - Oct 2024
Monetary Aggregates: M3: M2: M1 (NOK mn) 2,748,731.000 Oct 2024 monthly Dec 1992 - Oct 2024
Monetary Aggregates: M3: sa (NOK mn) 3,211,945.000 Oct 2024 monthly Jan 2008 - Oct 2024
Monetary Aggregates: M3 (NOK mn) 3,211,566.000 Oct 2024 monthly Jan 2008 - Oct 2024
Monetary Aggregates: M2: YoY (%) 3.900 Oct 2024 monthly Jan 2009 - Oct 2024
Official Reserve Assets (NOK mn) 940,276.000 Nov 2024 monthly Jan 1999 - Nov 2024
Official Reserve Assets: FR: Foreign Currency (FC) (NOK mn) 742,907.000 Nov 2024 monthly Jan 1999 - Nov 2024
Bank Deposits: Households (NOK mn) 1,255,207.000 Jan 2019 monthly Dec 1989 - Jan 2019
Domestic Debt C2 (NOK mn) 7,482,683.000 Oct 2024 monthly Dec 1985 - Oct 2024
Non Performing Loans Ratio: Enterprises (%) 0.500 2022 yearly 1990 - 2022
Business and Economic Survey Last Frequency Range
Business Confidence Growth (% Point) 0.3 Nov 2024 monthly Feb 2005 - Nov 2024
Purchasing Manager Index: sa (NA) 56.310 Feb 2019 monthly Feb 2004 - Feb 2019

More Indicators for Norway

Request a demo of CEIC

CEIC’s economic databases cover over 200 global markets. Our Platform offers the most reliable macroeconomic data and advanced analytical tools.

Request a demo
Please note, product demos are not available for students. Please click here to find out more about the version of CEIC available for student users.
Unlimited access tailored to your data needs
Flexible monthly access to CEIC data