Eiendom Norge: House prices in Norway fell by 0.9% in September

Home houses soldPhoto: Beate Oma Dahle / NTB

House prices in Norway fell by 0.9% in September. Adjusted for seasonal variations, they rose by 0.2%, new figures from Eiendom Norge show.

In total, house prices have risen by 8% in the last twelve months. On average, it takes 35 days to sell a home in Norway.

Housing price statistics were presented at a press conference on Tuesday morning. Henning Lauridsen, CEO of Eiendom Norge, believes that the price development is stronger than what is normal for the month.

“House prices in Norway developed stronger in September than normal for the month. Several cities such as Kristiansand, Stavanger, Trondheim, and Bodø had a strong seasonally adjusted development,” he said.

In September, 10,378 homes were sold in Norway, which is 6.8% less than in the corresponding month in 2020. In the same month, 9,987 homes were put up for sale, 7.1% less than in the corresponding period last year.

Source: © NTB Scanpix / #Norway Today / #NorwayTodayFinance

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