Content
Published:
This is an archived release.
Higher sales of dwellings and holiday homes
In the second quarter of 2012, the number of transfers of dwellings rose by 9 per cent compared with the corresponding quarter the previous year. The number of transferred holiday homes increased by 5 per cent.
The aggregated value of transferred properties during the second quarter of 2010 amounted to NOK 80.5 billion; an increase of 16 per cent compared with the second quarter of 2011. A total of 44 700 transfers of real property were registered; an increase of 6 per cent compared with the same quarter last year.
Increase in dwelling transfers
A total of 21 000 dwelling properties were sold on the free market in the second quarter. This was an increase of 9 per cent compared with the second quarter of 2011. The average purchase price per transfer was NOK 2.8 million. Oslo had the highest average price per transfer, at NOK 4.1 million.
Minor growth for holiday homes
There were 2 800 sales of holiday homes on the free market in the second quarter; an increase of almost 5 per cent from the corresponding period last year. More than 2 100 of these were holiday homes on an owned site, while more than 600 were transfers of holiday homes on a leased site. The average price per transfer was NOK 1.5 million for holiday homes on an owned site. For holiday homes on a leased site the average price was almost NOK 1.4 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 and even months after 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. 2nd 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. 2nd quarter 2009-2012*
- Table 4 Registered transfers of real property, by type of transfer and type of property. 2nd 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