Content
Published:
This is an archived release.
Decline in sales of dwellings and holiday homes
Registered transfers of dwellings and holiday homes decreased by respectively 7 and 13 per cent from the fourth quarter of 2012 to the fourth quarter of 2013.
4th quarter 2013 | Change in per cent | |||
---|---|---|---|---|
Transfers | Share | 4th quarter 2012 - 4th quarter 2013 | 4th quarter 2008 - 4th quarter 2013 | |
All transfers | 49 658 | 100.0 | -4.1 | 24.4 |
Establishment of lease | 483 | 1 | 11.3 | -4.4 |
Transfer of lease | 3 416 | 7 | -6.2 | 9.8 |
Transfer of title total | 45 759 | 92 | -4.1 | 26.0 |
Transfer of title, free market sale | 30 351 | 61 | -6.2 | 28.9 |
Transfer of title, donation | 2 458 | 5 | -5.0 | 41.5 |
Transfer of title, compulsory sale and eminent domain | 227 | 0 | -5.4 | 41.0 |
Transfer of title, licensed and inheritance of decedent estate | 6 946 | 14 | -5.0 | 14.4 |
Transfer of title, other and not specified | 5 777 | 12 | 10.3 | 20.7 |
A total of 49 700 transfers of real property were registered in the fourth quarter of 2013. The number decreased by 2 100 compared with the fourth quarter of 2012. The aggregate value amounted to NOK 96.9 billion, an increase of 1 per cent compared to the corresponding quarter of the previous year.
Decline in transfers of dwellings
In the fourth quarter of 2013, a total of 24 700 dwellings were sold on the free market , representing a decrease of 7 per cent. The average price per transfer was NOK 3.0 million. The highest average price per dwelling transfer in the fourth quarter of 2013 was recorded in Oslo at NOK 4.3 million.
Marked decrease in transfers of holiday homes
A total of 3 200 holiday properties with building were sold on the free market in the fourth quarter of 2013; a decrease of 13 per cent. Almost 2 400 of these were holiday homes on an owned site while 800 were transfers of holiday homes on a leased site. The average price per transfer was NOK 1.4 million.
Not price statisticsOpen and readClose
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.
For the development of the value of the total housing stock in Norway , see the House price index.
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
-
Terje Olav Rundtom
E-mail: terje.olav.rundtom@ssb.no
tel.: (+47) 91 38 60 61