Norway: Real residential property prices Y-on-Y change
* indicates monthly or quarterly data series
The most recent value is 0.45 percent as of Q3 2024, an increase compared to the previous value of -1.53 percent. Historically, the average for Norway from Q1 1993 to Q3 2024 is 4.28 percent. The minimum of -10.11 percent was recorded in Q4 2008, while the maximum of 17.78 percent was reached in Q1 2000.
Click on the following link to see the values of: Real residential property prices Y-on-Y change around the world.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Bank for International Settlements (BIS)
| Recent values | Norway: Real residential property prices Y-on-Y, percent change |
|---|---|
| 2024 Q3 | 0.45 |
| 2024 Q2 | -1.53 |
| 2024 Q1 | -3.02 |
| 2023 Q4 | -5.03 |
| 2023 Q3 | -5.53 |
| 2023 Q2 | -6.22 |
| 2023 Q1 | -6.27 |
| 2022 Q4 | -3.77 |
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Definition: Real residential property price measures the year-on-year percent change of property prices over time excluding the corresponding Y-on-Y inflation.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Industrial production | 0.40 | 11/2024 | percent |
| Retail sales | 92.60 | 11/2024 | index points |
| Retail sales Y-on-Y | -0.11 | 11/2024 | percent |
| House price index | 190.78 | Q3/2024 | index points |
| Real residential property prices Y-on-Y change | 0.45 | Q3/2024 | percent |
| Business confidence survey | 6.00 | Q4/2024 | points |
| Consumer confidence survey | 114.00 | Q4/2021 | points |