The Real Estate Market in Norway in 2026 – Is It Worth Buying Your Own Apartment?
Eiendomsfinans Aneta Musiał MojaNorwegia
High Interest in Real Estate Purchases at the Beginning of the Year
The start of the year is a period when we see a noticeably higher number of inquiries about creditworthiness and loan pre-approvals. Poles in Norway are increasingly thinking long-term — they compare rental costs with loan installments and conclude that owning an apartment offers greater stability. Many people want to be financially prepared even before they start viewing properties.
What Does the Norwegian Real Estate Market Look Like Right Now?
- In the largest cities, such as Oslo, Bergen, Stavanger, and Trondheim, property prices continue to rise, and average prices in 2026 remain high. The supply of new homes is limited, which supports price growth.
- Experts point out that the market is somewhat "in favor of sellers," especially in areas with high demand.
- Although purchase prices are high, renting is no longer significantly cheaper – in many locations, the monthly loan installment can be comparable to rent.
- In the long term, owning property means building value, while rental payments simply "disappear."
For many Poles in Norway, owning their own apartment means not only stability but also real savings in the long run. Currently, loan conditions are becoming more favorable, banks are starting to offer lower interest rates, and loan installments can be similar to rental rates. However, it is always worth preparing a solid budget and seeking professional support to avoid costly mistakes.
Current Interest Rates and Loan Costs
- The average mortgage interest rate in Norway in 2025 was about 4.9–5.0% per year, but the trend indicates possible further reductions in 2026.
- Norges Bank has already started cutting rates after a long period of keeping them at around 4.5%.
- This makes financing more accessible and increases borrowers' purchasing power.
The Most Important Rules for Buying Real Estate in Norway
- Banks usually require a minimum of 10–15% of the property's value, but the exact requirements depend on the bank and your financial situation.
- Before you start looking for a property, the bank usually issues a loan pre-approval — confirmation of how much you can borrow.
- Loan application, financial documents, a Norwegian bank account, and a personal number (fødselsnummer) are standard.
- Foreigners can buy property in Norway without additional restrictions, and the process is similar to that for citizens.
As an advisor, I work with clients step by step – from analyzing creditworthiness, comparing bank offers, to supporting them during contract signing. For many people, this service provides peace of mind and real savings.
Key Benefits of Buying Real Estate Now
| Benefit | Why It Matters |
|---|---|
| Stabilizing housing costs | The loan installment can be similar to or lower than rent |
| Building equity | Your property may increase in value over time |
| Tax relief | In Norway, part of the interest can be deducted in your tax return |
| Free expert support | Advisors like Aneta help you find the best offer – you pay no fees* |
Find Out More and Plan Your Purchase
Your Personal Advisor – Aneta Musiał
Aneta has been working with Eiendomsfinans since 2013 and is an authorized mortgage advisor listed on Finnaut. She has helped hundreds of Polish clients with buying apartments, refinancing loans, and consolidating debts. Aneta speaks Polish, Norwegian, and English, which makes the whole process easier for Poles living in Norway.
Free service: banks pay us for finding the right offer — you pay no fees.
More information about loans and the offer ➝ https://www.multinor.no/eiendomsfinans-kredyty
Authorized mortgage advisor Aneta MusiałEiendomsfinans