House price to income ratio in Norway 2012-2024, per quarter

Published by Statista Research Department, Aug 27, 2024

The house price ratio in Norway fluctuated between 2012 and 2024. The ratio measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. Norway's index score in the first quarter of 2024 amounted to 110, which means that house price growth had outpaced income growth by 10 percent since 2015. This was lower than the average house price to income ratio in the Euro area 16.

House price to income ratio in Norway from 1st quarter 2012 to 1st quarter 2024

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Release date

August 2024

Region

Norway

Survey time period

Q1 2012 to Q1 2024

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