Norway housing starts

Norway housing starts: 2179 (-6.96%)
Last Update: March 31, 2023

Norway housing starts closed down 2179 as of March 31, 2023 from 2342 from the previous month and 2982 from last year.


Norway housing starts Data & Analytics


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Norway housing starts

Date Values
2023-03-31 2179
2023-02-28 2342
2023-01-31 1964
2022-12-31 2461
2022-11-30 2305
2022-10-31 2616
2022-09-30 2566
2022-08-31 2080
2022-07-31 2376
2022-06-30 2552
2022-05-31 2777
2022-04-30 1929
2022-03-31 2982
2022-02-28 2614
2022-01-31 2633
2021-12-31 2761
2021-11-30 2120
2021-10-31 2758
2021-09-30 3008
2021-08-31 1943
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Norway Housing starts Statistics

Click here to explore the methodology used for estimating the Norway housing starts signals presented in the statistics table below.

Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
housing starts no.housingstarts 2342 1964 19.25 -10.41 Down Down 25 2023-03-17

Norway Financial Markets

Market Symbol Last Mom Trend Exh RSI 1D% 1W% 1M% 1Y%
Oslo OBX OBX 1387.31 50 100 0 54.36 2.37 -1.24 0.79 9.98
Norway ETF ENOR 25.06 100 50 0 57.26 2.5 0.61 2.98 -9.95
Norwegian Krone US Dollar (NOK/USD) NOKUSD 9.7637 -100 -75 0 38.65 -2.67 -2.42 -2.41 10.34
Norway 10-Year Bond Yield NO.10Y 2.803 -100 -75 0 26.72 -7.4 -10.85 -12.08 72.7
Norway 5-Year Bond Yield NO.5Y 3.548 0.5 0.5 1.40402 51.5592 0.00396 0.01604 -0.03456 1.26709
Norway 2-year bond yield NO.2Y 3.18 0 0 0 0 0 0 0 0
Norway Yield Curve NO.YC 0.268 0 0 0 0 0 0 0 0

Norway Financial News Stream

Norway Macroeconomic Indicators

Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope ZS5Y Update
balance of trade no.balanceoftrade 79283 99882 -20.62 -5.88 Down Down 75 2023-03-16
building permits no.buildingpermits 2069 1775 16.56 -9.21 Down Down 13.33 2023-03-17
business confidence no.bizconfidence -4.4 2.3 -291 -500 -100.0 -100.0 8 2022-09-30
capacity utilization no.caputilization 80.1 80.6 -0.62 0.88 UP UP 85 2023-01-21
capital flows no.capitalflows 293332 542497 -45.93 -296.76 UP UP 96.67 2023-03-02
car registrations no.carregistrations 7797 2727 185.92 -26.31 Down Down 3.33 2023-03-11
central bank balance sheet no.cb.assets 14604200 14381600 1.55 16.87 UP UP 100 2023-03-17
consumer confidence no.consconfidence -36.5 -36.8 -0.82 -1113.89 Down Down 3.33 2023-01-25
consumer price index cpi no.cpi 126.6 126.1 0.4 8.02 UP UP 100 2023-03-11
core inflation rate no.coreinflationrate 5.9 5.3 0 0 0 0 0 2022-10-31
current account no.currentaccount 361204 592003 -38.99 1984.51 UP UP 98.33 2023-03-02
current account to gdp no.currentaccountgdp 15 1.1 1264 42 100.0 100.0 0 2021-01-31
deposit interest rate no.depositrate 1.5 1.25 20 0 -100.0 -100.0 0 2022-11-03
exports no.exports 157197 175846 -10.61 1.75 Down UP 76.67 2023-03-16
external debt no.externaldebt 7549120 7971400 -5.3 31.67 UP UP 98.33 2023-03-04
fiscal expenditure no.fiscalexp 427074 375420 13.76 22.57 UP UP 95 2023-03-17
foreign direct investment no.fdi -12341 41790 -129.53 -110.47 Down Down 28.33 2023-03-02
foreign exchange reserves no.fxreserves 790777 758025 4.32 0.85 UP UP 95 2023-03-11
gdp no.gdp 482.44 362.2 33 25 100.0 100.0 0 2021-12-31
Real GDP no.realgdp 936312 937065 -0.08 2.84 UP UP 98.33 2023-01-25
gdp growth no.gdpgrowth 0.2 1.3 -84.62 -88.89 Down Down 46.67 2023-01-25
gdp growth annual no.gdpgrowthan 1.3 2.4 -45.83 -23.53 Down Down 48.33 2023-01-25
government budget no.govbudget 9.1 -2.6 -450 -11 100.0 -100.0 0 2021-01-31
Government budget no.govbudgetvalue 361263 343418 5.2 5553.57 UP UP 100 2023-03-17
government debt no.govdebt 733264 826889 -11.32 43.6 UP UP 91.67 2023-03-17
government debt to gdp no.govdebtgdp 43.2 45.9 -6 4 100.0 100.0 0 2021-01-31
government revenues no.govrev 788337 718838 9.67 122.18 UP UP 100 2023-03-17
housing index no.housingindex 318.47 313.77 1.5 -0.27 Down Down 86.67 2023-03-04
housing starts no.housingstarts 2342 1964 19.25 -10.41 Down Down 25 2023-03-17
imports no.imports 77909 75964 2.56 2.42 Down UP 85 2023-03-16
industrial production no.indproduction -6.6 0 0 -3400 Down Down 6.67 2023-03-04
industrial production mom no.indproductionmm -8.3 -0.2 4050 -1022.22 Down Down 1.67 2023-03-04
inflation cpi no.inflationcpi 6.3 7 -10 70.27 UP UP 89.17 2023-03-11
interbank rate no.interbankrate 3.32 3.36 0 0 0 0 0 2022-11-15
interest rate no.interestrate 2.5 2.25 11 900 100.0 100.0 0 2022-11-03
lending rate no.lendingrate 3.5 3.25 8 180 100.0 100.0 100 2022-11-03
loan growth no.loangrowth 5.3 5.5 -3.64 3.92 UP UP 50.83 2023-01-25
loans to private sector no.loanprivate 2186050 2173150 0.59 8.54 UP UP 100 2023-01-25
long term unemployment rate no.ltunemploymentrate 1 1.2 -17 0 100.0 -100.0 48 2021-09-30
Norway no.manpmi 47.5 49.6 -4.23 -15.63 Down Down 10 2023-03-04
money supply m0 no.msm0 113025 66597 69.71 42.82 UP UP 78.33 2023-01-25
money supply m1 no.msm1 2878530 2811370 2.39 3.38 UP UP 95 2023-01-25
money supply m2 no.msm2 3154370 3069450 2.77 6.21 UP UP 100 2023-01-25
new home sales no.newhomesales 6737 6887 -2.18 7.21 Down UP 25 2023-03-04
Producer Price Index no.producerprices 171.9 177 -2.88 -5.39 Down Down 76.67 2023-03-11
PPI Index no.producerpricesch -5.4 -0.6 800 -110.15 Down Down 28.33 2023-03-11
retail sales MoM no.retailsales 1.3 -4.2 -130.95 225 UP UP 83.33 2023-01-25
retail sales no.retailsalesan -6.1 -7.8 -21.79 281.25 Down Down 8.33 2023-01-25
unemployment rate no.unemploymentrate 3.4 4.2 -19 -17 -100.0 -100.0 3 2021-12-31
youth unemployment rate no.ytunemploymentrate 10 9.2 8.7 -24.81 Down Down 30.83 2023-01-25

Norway housing starts analysis

Norway’s housing starts is an indicator measuring the number of residential homes whose foundations have been laid. Housing starts are projects which have started and hence is an a coincident economic indicator. Building permits is a preferred economic indicator since it’s a leading economic indicator measuring the number of residential homes which have received planning permission by the local planning department before getting started. Explore MacroVar financial knowledge base structured by professional fund managers and economists.

Norway housing starts trend

Norway housing starts trend is in an uptrend when the last value is higher than its twelve-month moving average and its twelve-month moving average slope is positive (last twelve-month moving average is higher than the previous month twelve-month moving average) and vice-versa. MacroVar calculates the number of months the Norway housing starts has recorded new highs or lows. Norway housing starts trend change is assumed when the specific indicator has recorded a 3-month high / low or more.

Norway housing starts momentum

Norway housing starts momentum is monitored by calculating its long-term year over year (Y/Y) return and its short-term month on month (M/M) return.