Calculating the Need for Housing in Norway

Abstract

This article examines changes in the need for housing and the stock of available dwellings. A previous analysis conducted in 2008 indicates that growth in residential construction was lower than growth in demand in the years leading up to 2007. As shown in Table 1, the number of households has increased more rapidly since 2007 than the number of completed dwellings. Preliminary figures for 2011 indicate that the number of housing completions will also be too low this year relative to the rise in the number of households.