Property Market Data for Norway

Selected Cities in Norway

Property Index Value
House Price to Income Ratio 7.71
135
Mortgage as % of Income 50.58
144
Loan Affordability Index 1.98
29
Price to Rent Ratio City Centre 23.10
59
Price to Rent Ratio Outside Centre 21.28
68
Gross Rental Yield City Centre 4.33
122
Gross Rental Yield Outside Centre 4.70
109

Macro Data Value
GDP Per Capita ($) 97299.64
GDP Growth Rate 2.21
Population Growth Rate 1.12

Median Income Value Range
Net monthly disposable income 26615.95 20000.00 - 35000.00
Annual mortgage interest rate % 2.84 3.00 - 4.00

Rental Per Month Value Range
Apartment (1 bed) in City Centre 9792.81 7727.00 - 12000.00
Apartment (1 bed) Outside Centre 7545.42 6000.00 - 10000.00
Apartment (3 bed) in City Centre 16510.22 14000.00 - 20000.00
Apartment (3 bed) Outside Centre 12854.80 10000.00 - 15000.00
Price to Rent Ratio City Centre 23.10 23.10 - 23.10
Price to Rent Ratio Outside Centre 21.28 21.28 - 21.28
Gross Rental Yield City Centre 4.33 4.33 - 4.33
Gross Rental Yield Outside Centre 4.70 4.70 - 4.70

Price Per Sq.ft. Value Range
City Centre Apartment Prices 4453.57 4,240.56 - 6,432.11
Outside Centre Apartment Prices 3176.58 3,051.91 - 4,800.00