Content
Published:
This is an archived release.
Increase in transfers of dwellings
A total of 17 200 dwellings were sold on the free market in the first quarter of 2012, representing an increase of 13 per cent compared with the corresponding quarter in the previous year.
In total, 40 400 transfers of real property were registered in the first quarter of 2012; an increase of 6 per cent compared with the same quarter in 2011. The aggregated value of the transferred properties amounted to NOK 70 billion; a 20 per cent increase compared with the same period in the previous year.
Considerable increase in transfers of dwellings
In the first quarter of 2012, a total of 17 200 dwellings were sold on the free market, representing an increase of 13 per cent. The average price per transfer was NOK 2.8 million. One in three transferred dwellings had an average purchase price exceeding NOK 3 million. The highest average price per dwelling transfer in the first quarter of 2012 was recorded in Oslo at NOK 4.0 million.
Small increase in transfers of holiday homes
A total of 2 200 holiday properties with building were sold on the free market in the first quarter of 2012. This is an increase of 3 per cent. Almost 1 700 of these were holiday homes on owned sites, while more than 500 were transfers of holiday homes on leased sites. The average price per transfer was NOK 1.3 million.
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 saleThe statistics are based on the date of registration. This date can be several weeks or occasionally months later than the date of sale. Free market saleFree market sale means that the property is sold for a price corresponding to the market value. The property is not always announced for sale on the free market. |
Tables:
- Table 1 Registered transfers of real property. 1st quarter 2009-2012*
- Table 2 Registered transfers of real property, by quarter. 1999-2012*
- Table 3 Registered transfers of real property, by type of property. 1st quarter 2009-2012*
- Table 4 Registered transfers of real property, by type of transfer and type of property. 1st quarter 2012*
- Table 5 Transfer of dwelling properties with building, free market sale, by purchase price
- Table 6 Transfer of dwelling properties with building, free market sale, by type of dwelling
- Table 7 Transfers of holiday properties with building, free market sale
Additional information
The statistics are based on the date of registration. On average, a property is registered 30 days after the date of sale.
Contact
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Terje Olav Rundtom
E-mail: terje.olav.rundtom@ssb.no
tel.: (+47) 91 38 60 61