The Norway housing market is showing balanced conditions with stable prices and moderate inventory levels. Home prices have decreased 43.9% in the past month. With 4.0 months of supply, Norway's inventory levels remain relatively tight. Homes are taking about 4 days to sell, which is 0 days longer than this time last year. Only 0.0% of listings saw price reductions, suggesting sellers are confident in their pricing. The majority of homes (100.0%) sold above asking price, a clear sign of competitive bidding. Affordability remains a significant challenge in the Norway market with the affordability index at 1201.9. Based on current market indicators, home prices in Norway are projected to increase by approximately 7.1% over the next month.