Forecast: Turnover of Buying and Selling of Own Real Estate in Norway

Based on the turnover of buying and selling of own real estate in Norway, the value is projected to slightly increase from 1.56 billion Euros in 2024 to 1.58 billion Euros by 2028, indicating a steady but marginal growth. In 2023, the turnover stood at 1.55 billion Euros.

The year-on-year growth rate from 2023 to 2024 is approximately 0.65%, while from 2025 to 2026 and 2027 to 2028, it remains static at 0.63%. The compound annual growth rate (CAGR) over the last five years (2024-2028) is roughly 0.48%, reflecting a stable, low-growth trend.

Future trends to watch for include:

  • Potential macroeconomic factors such as changes in interest rates and inflation which could influence real estate market dynamics.
  • Government policies on housing and foreign investment which may impact market turnover.
  • Technological advancements in property transactions potentially driving efficiency and volume.

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