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This is an archived release.
More sales of holiday homes, fewer sales of dwellings
In the fourth quarter of 2015, the total number of registered transfers of holiday homes sold on the free market rose by 11 per cent, while the number of transferred dwellings decreased by 10 per cent compared with the same period in the previous year.
| 4th quarter 2015 | Change in per cent | |||
|---|---|---|---|---|
| Transfers | Share | 4th quarter 2014 - 4th quarter 2015 | 4th quarter 2010 - 4th quarter 2015 | |
| All transfers | 52 907 | 100.0 | -0.7 | 5.6 |
| Establishment of lease | 426 | 1 | -14.1 | -16.1 |
| Transfer of lease | 3 466 | 7 | -7.7 | -14.1 |
| Transfer of title total | 49 015 | 93 | -0.1 | 7.6 |
| Transfer of title, free market sale | 30 880 | 58 | -4.7 | 4.1 |
| Transfer of title, donation | 4 256 | 8 | 55.7 | 63.8 |
| Transfer of title, compulsory sale and eminent domain | 246 | 0 | 23.0 | -7.5 |
| Transfer of title, licensed and inheritance of decedent estate | 7 765 | 15 | -2.2 | 4.0 |
| Transfer of title, other and not specified | 5 868 | 11 | 1.9 | 5.8 |
A total of 52 900 transfers of real property were registered in the fourth quarter of 2015; a decrease of 400 compared with the fourth quarter of 2015. The aggregated value of the transferred properties amounted to NOK 109.2 billion; an increase of NOK 1.1 billion compared with the same quarter of 2014.
More sales of holiday homes
In the fourth quarter of 2015, a total of 4 100 holiday homes were sold on the free market. This is an increase of 11 per cent. Almost 3 200 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 both for holiday homes on an owned site and on a leased site.
Decrease in sales of dwellings
In total, 24 100 dwellings with buildings were sold on the free market in the fourth quarter of 2015; a decrease of 10 per cent compared with the same quarter in 2014. The highest average price per dwelling transfer in the fourth quarter of 2015 was recorded in Oslo at NOK 5.5 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