Property prices in Norway are overestimated by 15-20%, according to Global Property Guide with reference to the International Monetary Fund. In 2012, Norway’s house price index rose by 5.4%. The greatest rise in prices was in Oslo (+7%), Trondheim (+6.6%), Stavanger (+5.9%) and Bergen (+4%) with inflation.
In this case, the cost of housing continues to rise, as mortgage rates remain low, and the population has a solid income. In 2013, the rise in property prices in Norway will be 6.8%, in 2014 - 6.2% and in 2015 - 5.9%, according to Statistics Norway.