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Wire · operational-macro

Vend Q3 2026: FINN Pricing Lifts Real Estate Revenue 12% To NOK 387m

27 October 2026 · By · Wire by Fusion42

Published

27 October 2026

Topic

operational-macro

◆ Sectors

Proptech

◆ Geography

Norway

◆ Source

Read at onlinemarketplaces.com →

◆ Verified

Fusion42 · 28 October 2026 · Fusion42 review

Vend's Q3 2026 results show real estate revenue grew 12% to NOK 387m, driven by a 17% increase in average revenue per advertiser (ARPA) in Norway despite a 6% drop in listing volumes. The real estate vertical's EBITDA margin reached 53%, ahead of the overall group's 43%, with costs controlled despite rising personnel expenses.

This Wire brief sits within Fusion42's coverage of Proptech.

◆ ◆ The Wire takeaway

You must focus on monetisation as listing volumes fall faster in Norway. Rising revenue per advertiser is compensating now but volume decline signals limits to this growth.

◆ Coverage

1 source · 27 Oct 2026

◆ Related on Wire

◆ Topics

Proptechreal-estaterevenuesarpa-growthnorwayebitdamarketplaces