Content
Published:
This is an archived release.
Slight decrease in sales of dwellings
Registered transfers of dwellings decreased by 1.4 per cent from the third quarter of 2015 to the third quarter of 2016. The number of transferred holiday homes increased by 2.3 per cent in the same period.
| 3rd quarter 2016 | Change in per cent | |||
|---|---|---|---|---|
| Transfers | Share | 3rd quarter 2015 - 3rd quarter 2016 | 3rd quarter 2011 - 3rd quarter 2016 | |
| All transfers | 50 571 | 100.0 | 0.7 | 4.6 |
| Establishment of lease | 404 | 1 | 11.3 | 28.3 |
| Transfer of lease | 3 274 | 6 | -2.6 | -11.5 |
| Transfer of title total | 46 893 | 93 | 0.8 | 5.8 |
| Transfer of title, free market sale | 30 505 | 60 | -1.7 | -0.5 |
| Transfer of title, donation | 3 973 | 8 | 15.2 | 84.3 |
| Transfer of title, compulsory sale and eminent domain | 228 | 0 | -8.4 | -15.6 |
| Transfer of title, licensed and inheritance of decedent estate | 7 097 | 14 | 2.9 | 4.9 |
| Transfer of title, other and not specified | 5 090 | 10 | 4.0 | 13.2 |
A total of 50 600 transfers of real property were registered in the third quarter of 2016; an increase of almost 1 per cent compared with the same quarter in 2015.
Total turnover value increased
The aggregate value of properties transferred during the third quarter of 2016 amounted to NOK 111.9 billion. This is an increase of 3.1 per cent compared with the corresponding quarter in 2015.
Decline in transfers of dwellings
In total, 24 900 dwellings were sold on the free market in the third quarter of 2016; a decrease of 1.4 per cent compared with the same quarter in 2015. The decline was strongest in Rogaland and Telemark, with 12 and 7 per cent respectively.
More transfers of holiday homes
In the third quarter of 2016, a total of 3 900 holiday homes were sold on the free market. This is an increase of 2.3 per cent. Almost 3 100 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 1.6 million for holiday homes on an owned site, and NOK 1.4 million for holiday homes on a leased site.
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