Average price per square meter of new detached houses in Norway 2008-2018

The price of new Norwegian detached houses increased constantly, reaching nearly 35 thousand Norwegian kroner in 2018. Over the period from 2008 to 2018, the average price per square meter of new detached houses increased by over 50 percent, starting at roughly 21 thousand Norwegian kronor in 2008. The tendency for used detached houses over the evaluated period was similar and the price per square meter increased every year. The price started at around 16.5 thousand Norwegian kroner in 2008 and reached almost 25 thousand Norwegian kroner in 2018.

 How many buildings are there in Oslo?



  More and more residential buildings had been built in Oslo over the past decade. 67.4 thousand buildings were reported in 2009, whereas the corresponding figure in 2019 was approximately 72.1 thousand existing residences in the Norwegian capital.

 Prices of different dwellings



  The prices of all types of dwellings increased from 2010 to 2018 in Norway. While detached houses seemed to be the most expensive dwelling type in 2010, the figures had changed by 2018 and prices for multi-dwellings had the highest index in the country.

Average price per square meter of new detached houses in Norway from 2008 to 2018

Square meter price in NOK
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Source

Release date

September 2019

Region

Norway

Survey time period

2008 to 2018

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Statistics on "Housing market in Norway"

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