Five Percent in One Quarter – How Much Higher Can Rents Go?

Rental prices in Norway are soaring once again. According to recent figures published in Dagens Næringsliv, rents in Norway’s largest cities rose by five percent in the second quarter of 2025. Stavanger and Sandnes topped the list with an 8.6 percent increase, followed closely by Oslo at 5.4 percent.

This is the strongest quarterly growth ever recorded by Eiendom Norge.

For young people trying to establish themselves, families, and labor immigrants, this means one thing: housing is becoming increasingly unaffordable.

The Cause: Low Construction, Tax Pressure, and Rising Rates = A Perfect Storm

As Eiendom Norge CEO Henning Lauridsen explained to DN, this pressure is caused by the combined effects of:

• Low new housing construction
• Rising interest rates and inflation
• Higher taxes on secondary homes
• Fewer rental homes available in the market

The market is punishing renters, and the consequences are not just individual – they are undermining labor market flexibility across the country.

Rent Inflation + CPI = A Dangerous Feedback Loop

Rent accounts for nearly 20 percent of the Norwegian consumer price index (CPI), which means soaring rent prices are directly contributing to delaying the Bank of Norway’s ability to cut interest rates.

Ironically, the current rent spike is partly caused by those same high interest rates and the inflation they are trying to combat.

Why Traditional Solutions Will Not Be Enough

Building more homes is important – but it takes time and will not be enough on its own. We need solutions that work now. Solutions that make homeownership possible without requiring two million NOK in equity and a corporate-level salary.

Our Solution: Shared Ownership – Real Equity for Real People

At Deleiebolig.no, we offer a model where you can buy part of a home and live in the entire unit – and gradually increase your ownership as your financial situation improves.
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• You buy, for example, 50 percent
• We co-own the remaining 50 percent
• You pay a market-based usage fee on our share
• Your equity grows over time

This is not renting. This is partial ownership – and it is the future of housing.

Why This Matters Now

The rental market is pushing everyday people out of Oslo and other major cities. We are at risk of cementing a two-tier housing economy, where owners get richer while renters get locked out.

The DN article highlights the urgency of the situation – and we believe it is time for bold, structural innovation.

Read more at www.deleiebolig.no
If you are interested in partnering with us to develop new housing solutions, contact us at www.livingimpact.no

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