House price index in Norway 2009-2023, by type

The house prices of all house types in Norway increased steadily between 2009 and 2022, followed by a slight decline in 2023. Unlike houses, prices for multi-dwellings did not fall in 2023. Multi-dwelling were also the property type that experienced the strongest growth. At 148.3 index points, the index for multi-dwelling properties suggests an increase of 48 percent since 2015 - the baseline year. How much did Norwegians pay for dwellings in 2021? Oslo appeared to be the most expensive city by dwelling prices that year, followed by Tromsø and Bergen.

 Number of residential buildings

The number of residential buildings  in Norway constantly increased during the past decade, peaking in 2023. There were nearly 1.6 million residences in the country. That was an increase of over 100 thousand units, compared to 2010.

More than half of Norwegians lived in detached houses

The share of residents by housing type was distributed unevenly in Norway in 2023. Approximately 55 percent of Norwegian citizens lived in detached houses, whereas 20 percent lived in multi-dwelling buildings. The least common housing type was houses with two dwellings that year.