Store forskjeller i boligmarkedet: – Ingen klare tegn til at det snur

The Norwegian housing market shows varied trends, with no clear signs of stabilization, according to Kurt Thingstad, the daily leader of Nordvik Skien and Porsgrunn. While cities like Bergen, Stavanger, and Tromsø have seen a robust market in 2026, the situation has been slower on the eastern part of the country and in Trøndelag. Oslo, however, has seen the end of its strong price growth that has characterized the past years, with prices now falling.

David Lund, a senior economist at Prognosesenteret, notes that the national housing market is the sum of many small local markets. Currently, some regions are developing strongly, with little inventory, fierce competition among buyers, short sales times, and strong price development. Mid-Norway, Oslo, and Eastern Norway are growing more slowly, with weaker price development and longer sales times.

Lund adds that the weak development in Oslo has not yet spread to the rest of the country to the extent one might have feared. Oslo's stagnation in price growth this year has been attributed to interest rate hikes and higher tax levels, among other explanations. Many major actors have also sold off many rental properties, which is not the case in Bergen.

Bergen has a significant shortage of housing, leading to a good market with nearly 400 properties on the market, according to local agent Tage Myklebust Sande. This is far from the usual 600-700 properties typically available at this time of year.

In contrast to Oslo, where prices have fallen since September, Bergen has seen a 0.7% drop in prices this year. Private real estate agent Grethe Meier from Privatmegleren also notes a slowdown in activity in Bergen and the Stavanger area due to high price levels. However, the market appears to be picking up in these regions, similar to the autumn trend. Overall, the national housing market shows mixed development, with some areas experiencing robust growth while others lag behind.