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/en/bygg-bolig-og-eiendom/statistikker/eiendomsoms/arkiv
33180
Decline in property sales
statistikk
2008-11-13T10:00:00.000Z
Construction, housing and property
en
eiendomsoms, Transfer of properties, registered transfers, dwellings, commercial properties, leisure properties, land, purchase price, type of dwellings, ground lease, transfer of title (for example free market sale, compulsory sale, settlement of estate)Property, Construction, housing and property
false

Transfer of properties, Q3 2008, preliminary figures

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Decline in property sales

Registered transfers of dwellings decreased by 9 per cent compared with the third quarter of 2007. Sales of holiday homes fell by 15 per cent.

Registered transfers of real property. 2000-2008*. Quarter

Average purchase price per transfer of built-up dwelling and holiday properties, sold on the free market. 2002-2008*. Quarter. NOK 1 000

The aggregate value of properties transferred during the third quarter of 2008 amounted to NOK 69.4 billion. This is a decrease of 5 per cent compared with the corresponding quarter in 2007. A total of 43 000 registered transfers of real property were registered in the third quarter; a decrease of 9.5 per cent compared with the corresponding quarter last year.

Highest average price of holiday properties in Vestfold

A total of 2 500 holiday properties were sold on the free market in the third quarter of 2008; a decrease of 15 per cent from the third quarter of 2007. The average price per transfer was NOK 1.4 million. Transfers of holiday homes on leased sites are not included in these figures. The average price per transfer was highest in the county of Vestfold, with NOK 3.6 million.

Increasing value per dwelling transfer

In the third quarter of 2008, a total of 20 600 dwellings were sold on the free market; a decrease of 9 per cent compared with the same quarter in 2007. The aggregate value of the dwellings transferred during the third quarter of 2007 amounted to NOK 50.1 billion. The average price per transfer was NOK 2.4 million, representing a 6 per cent increase from the same period last year.

What are the statistics about?

The statistics are based on the number and the value of the registered transfers of real property. The composition of sold properties varies over time as regards size, standard and location. Due to this, the change in average price per transfer from one year to another does not reflect the correct price trend for a certain type of property. For instance, a large number of high-standard holiday homes have been built in recent years. Therefore the average purchase price per transferred holiday home has increased more than the price of one single holiday home. The House price index shows the price trend for dwellings.

Date of registration and date of sale

The statistics are based on the date of registration. This date can be several weeks or months later than the date of sale.

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