Content
Published:
This is an archived release.
Increased property sales
Registered transfers of real property increased by almost 5 per cent in the 3 rd quarter of 2010 compared with the 3 rd quarter of 2009. Sale of dwellings and holiday homes increased by 8 per cent and 5 per cent respectively.
A total of 46 400 registered transfers of real property were recorded in the third quarter; an increase of 2 000 properties compared with the corresponding quarter last year. The aggregate value of properties transferred during the third quarter of 2010 amounted to NOK 73.8 billion. This is an increase of 13 per cent compared with the corresponding quarter in 2009.
Growth in sales of dwellings and holiday homes
In the third quarter of 2010, a total of 22 200 dwellings were sold on the free market; an increase of 8 per cent compared with the same quarter in 2009. The average price per transfer was NOK 2.5 million.
A total of 2 700 holiday properties were sold on the free market in the third quarter of 2010. The average price per transfer was NOK 1.3 million. Transfers of holiday homes on leased sites are not included in these figures.
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 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. 3rd quarter 2007-2010*
- Table 2 Registered transfers of real property, by quarter. 1998-2010*
- Table 3 Registered transfers of real property, by type of property. 3rd quarter 2007-2010*
- Table 4 Registered transfers of real property, by type of transfer and type of property. 3rd quarter 2010*
- 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, by purchase price
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