Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
NorwayNorway House Price Index MoM climbed to 0.8% in August 2026
FMPMonthlyReleased September 2026
Norway House Price Index MoM climbed to 0.8% in August 2026, released September 2026, up 1.8% from July's -1.0% reading. The print exceeded the 0.4% consensus by 0.4%. The print is running well above the 12-month average of 0.21%. House Price Index MoM is now the highest in 17 months.
Latest Release
0.8
Actual
0.4
Consensus
-1
Previous
Median Absolute Error
±0.39 percentage points
across last 12 releases
Last Call
Sep 2026
Predicted: -0.35
Actual: 0.8
Error: -1.15
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
THE RELEASE
House Price Index MoM (Norway) was reported at 0.8% in September 2026. This beat the market consensus of 0.4% by 0.4%. The reading rose from the previous value of -1%. Trailing 12-month context per ETL data through September 2026. Over the past 12 months, the indicator has averaged 0.2%, ranging from -1.1% to 0.8% across 9 releases.
WHY IT MATTERS
The trailing three releases averaged -0.07%, down from the prior three at 0.1%. Volatility over the past year (σ 0.57%) is higher than the prior year (σ 0.45%). In September readings over the past 3 years, House Price Index MoM has averaged 0.63%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with EUR/NOK (Bullish EUR). Over the last 12 releases, the Sigmacast model's median absolute error is 0.39%.
WHAT TO WATCH NEXT
The next release is scheduled for October 5, 2026. Same-country events in the next 14 days include Interest Rate Decision (Sep 24).
Auto-generated from current model state · Refreshes on each release · Last update September 2026.
SHARE
House Price Index MoM - NO
Loading chart data...
About House Price Index MoM — Norway
DEFINITION
The House Price Index MoM (Month-over-Month) is a key financial indicator that measures the percentage change in the average selling price of residential properties in a given market from one month to the next. It provides valuable insights into the current state of the housing market and can help investors, policymakers, and individuals make informed decisions about buying or selling real estate. This indicator is widely used by economists and analysts to track trends and identify potential risks or opportunities in the housing sector.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Aug 2026): actual 0.8 %, consensus 0.4 %. Prior reading (Jul 2026): -1.1 %. Before that (May 2026): 0.1 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with EUR/NOK (Bullish EUR, r=0.54) — a useful reference for forex-focused traders.
Σ
EXPECTED ZONE
SIGMANOMICS MARKET FORECAST ENGINE
Multi-horizon symbol forecasts, Rolling-Surprise economic predictions, and programmatic API access.
Expected Zones · Trade Bias · Confidence Intervals · API Access · 1,456+ instruments
FOREXCRYPTOSTOCKSCOMMODITIESINDICESAPI
BLSBEAFMPWORLD BANKFRED
1,456+ instruments247 indicators530+ correlationsREST + GQL API
4,151 economic indicators127 countries covered6 data sources
FREDBLSEIAECBBOJFMP
Economic Calendar - NO Events
| Tuesday, September 15, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 06:00 | NO | Balance of Trade | 100.4 | 88.8 | 95.1 | 97.75 | Low |