The average price of a home in Norway was NOK 5,120,309 at the end of June.

So far in 2026, home prices have risen by 5.5 percent.

– Home prices fell by 0.3 percent in June, which resulted in a strong increase in seasonally adjusted home prices of 0.4 percent. A particularly strong increase in seasonally adjusted home prices in June was in Bergen, Kristiansand and Stavanger. In Oslo, there was a slightly stronger price development in June than expected. Seasonally adjusted, there was only a decrease of 0.1 percent in Oslo, says CEO Henning Lauridsen of Eiendom Norge.

– In the first five months of the year, home prices in Oslo have risen by 1.2 percent, which means that Oslo, with a normal economic cycle, will probably experience negative price development in September. Oslo and Eastern Norway stand out markedly so far this year with weaker house price development than the rest of the country, he says.

Fewer sales and fewer listings

In June, 11,757 homes were sold in Norway, which is 2 percent fewer than in June 2025.

So far this year, 57,680 homes have been sold in Norway, which is 4.1 percent fewer than at the same time last year.

In June, 12,028 homes were listed for sale in Norway, which is 4.0 percent more than in June 2025.

So far this year, 64,729 homes have been listed in Norway, which is 1.8 percent fewer than at the same time last year.

– Activity in the second-hand housing market is still very high. Only in 2025 have more second-hand homes been sold and listed than in 2026, and 2025 will likely stand out as an exceptional year for second-hand housing sales, says Lauridsen.

It took an average of 40 days to sell a home in June, down from 42 days in May.

Bergen and Stavanger and the surrounding area had the shortest sales time with 13 and 16 days respectively. Fredrikstad/Sarpsborg had the longest sales time with 93 days.

Porsgrunn/Skien and Bodø on top

– Porsgrunn/Skien had the strongest seasonally adjusted price development in June with a seasonally adjusted increase of 2.6 percent, ahead of Bodø and Fauske with 1.8 percent, says Lauridsen.

Fredrikstad/Sarpsborg had the weakest seasonally adjusted price development in June with a seasonally adjusted decrease of 0.9 percent.

– The greatest growth so far in 2026 has been in Ålesund and the surrounding area and Tromsø with increases of 12.1 and 10.3 percent.

– Oslo has the weakest development this year with 1.2 percent, says Lauridsen.

Put the Tax Commission in the drawer

Last week, the Tax Commission presented its proposal for a tax settlement in Norway, including several radical and previously unexamined proposals for tightening the housing tax.

Particularly striking are the proposals to change the residence requirement from 1 to 3 years to avoid capital gains taxation on primary residences and the introduction of capital gains taxation on holiday homes.

– The change to the residence requirement in particular is an illogical proposal in light of the need for increased mobility in the labor and housing markets, something that both the IMF and the OECD have pointed out as important for Norway. Longer residence will result in less mobility. The proposal will also create challenges for everyone who, for various reasons, wants or has to move before the three-year deadline has expired. It will also involve a significant tax on breakups and make divorces even more expensive for many. There will be a tax on divorce on top of the relocation tax in the document fee.

– We are not strengthening the growth potential of the Norwegian economy by taxing Norwegian home and cottage owners more and more. A well-functioning housing market is a prerequisite for innovation through mobility in the workplace and agglomeration effects in the economy. If the housing market in a city, region or country does not function, economic development will also be weakened, says Lauridsen.

– Minister of Finance Jens Stoltenberg (Labour Party) should therefore put the Tax Commission's housing section in the ministry drawer together with the Torvik committee, concludes Henning Lauridsen.

NB! Eiendom Norge is also presenting regional reports for Q2 2026 today. The five reports show the development of housing prices in 15 counties and 115 municipalities and districts in Norway.

Today we are also presenting our housing type report for the first half of 2026. The report shows housing price statistics divided into apartments, detached houses and shared homes.