State of Housing in the Nordic Countries, 2024

Navigating construction in a climate of rising costs, surging demand and high ambitions

The "State of Housing in the Nordic Countries 2024" report provides an in-depth analysis of the residential construction sector in the Nordic region, focusing on the challenges and opportunities the industry faces. Rising construction costs, driven by increasing labor and material prices, environmental regulations, and geopolitical factors, are a key concern.

The report delves into each Nordic country's specific circumstances, such as Sweden's high building costs, Norway's construction slowdown, and Iceland's fluctuating housing market.

With sustainability at the forefront, the report explores how the sector navigates new demands, including energy efficiency, accessibility, and corporate responsibility, while grappling with escalating complexity and costs.

By examining cross-national dynamics and comparing them with EU standards, the report aims to provide insights into how the Nordic countries can balance rising costs with the need to address societal challenges, ensuring affordable and sustainable housing for all.

NBO is an association of housing organisations in the Nordic region

Housing Nordic - NBO - is an association of eight cooperative and public housing associations in Denmark, Finland, Iceland, Norway and Sweden. Members represent nearly 2.5 million homes in the Nordic region.