Norwegian house price growth slowed in October 2026, with the House Price Index rising 1.90% year-over-year, down from a 2.40% annual increase recorded in September 2026. The latest data, updated on 4 November 2026, indicate a moderation in the pace of residential property price gains.
Both figures represent year-over-year comparisons, measuring price changes in each month against the same month a year earlier. The easing from September to October suggests that while Norwegian house prices are still rising, the momentum in the market has weakened slightly heading into late 2026. Investors and homeowners may view the softer growth as a signal of a cooling, but not reversing, housing market.