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This is an archived release.
More sales of holiday homes
In the fourth quarter of 2014 the number of transfers of holiday homes increased by 15 per cent compared with the corresponding quarter in the previous year. The number of dwellings transferred increased by 6 per cent.
| 4th quarter 2014 | Change in per cent | |||
|---|---|---|---|---|
| Transfers | Share | 4th quarter 2013 - 4th quarter 2014 | 4th quarter 2009 - 4th quarter 2014 | |
| All transfers | 53 219 | 100.0 | 7.1 | 11.4 |
| Establishment of lease | 490 | 1 | 1.4 | -7.2 |
| Transfer of lease | 3 756 | 7 | 9.9 | -1.1 |
| Transfer of title total | 48 973 | 92 | 6.9 | 12.7 |
| Transfer of title, free market sale | 32 431 | 61 | 7.0 | 16.4 |
| Transfer of title, donation | 2 782 | 5 | 13.8 | 3.3 |
| Transfer of title, compulsory sale and eminent domain | 200 | 0 | -11.9 | -3.4 |
| Transfer of title, licensed and inheritance of decedent estate | 7 843 | 15 | 11.9 | 8.1 |
| Transfer of title, other and not specified | 5 717 | 11 | -1.5 | 5.2 |
A total of 53 200 transfers of real property were registered in the fourth quarter of 2014, an increase of 3 500 properties compared with the fourth quarter of 2013. The aggregated value of the transferred properties amounted to NOK 108.0 billion; an increase of 11 per cent compared with the same quarter of 2013.
Sales of holiday homes increased
In the fourth quarter of 2014, a total of 3 700 holiday homes were sold on the free market. Almost 2 800 of these were holiday homes on an owned site, while 900 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, and NOK 1.3 million for holiday homes on a leased site.
Increase in sales of dwellings
In total, 26 600 dwellings with buildings were sold on the free market in the fourth quarter of 2014; an increase of 6 per cent compared with the same quarter in 2013. The highest average price per dwelling transfer in the fourth quarter of 2014 was recorded in Oslo at NOK 5.0 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
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Terje Olav Rundtom
E-mail: terje.olav.rundtom@ssb.no
tel.: (+47) 91 38 60 61