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28621
House prices flattening out
statistikk
2011-01-18T10:00:00.000Z
Prices and price indices;Construction, housing and property
en
bpi, Price index for existing dwellings, price development, house prices, detached houses, town houses, blocks of flats, housing cooperatives, homeowner, price per square metre, house salesDwelling and housing conditions , House prices and house price indices , Construction, housing and property, Prices and price indices
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Price index for existing dwellings, Q4 2010

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House prices flattening out

House prices decreased on average by 0.1 per cent from the third to the fourth quarter of 2010. Compared to the fourth quarter of 2009, house prices had increased by 6.6 per cent.

House prices fell by 0.1 per cent from the third to the fourth quarter last year. The largest decrease was in Hedmark and Oppland by 2.8 per cent, while Stavanger had the largest increase by 1.5 per cent.

Detached houses decreased in value by 0.4 per cent from the third to the fourth quarter last year. Flats in blocks and row houses increased by 0.3 and 0.2 per cent respectively in the same period.

House price index by house type. 1st quarter 1992 = 100

House price index. Change in per cent
  3rd quarter 2010-4th quarter 2010 4th quarter 2009-4th quarter 2010
Total -0.1 6.6
Oslo incl. Bærum -0.2 6.7
Stavanger 1.5 9.5
Bergen 0.0 9.0
Trondheim -0.4 9.1
Akershus excl. Bærum 0.0 4.4
South Eastern Norway -0.9 5.4
Hedmark and Oppland -2.8 3.1
Agder and Rogaland excl. Stavanger 0.9 7.2
Western Norway excl. Bergen 0.0 5.7
Trøndelag excl. Trondheim 0.0 9.7
Northern Norway 1.1 7.6

House price index for detached houses in Norway, Sweden and Denmark. House prices up 6.6 per cent last year

House prices increased on average by 6.6 per cent from the fourth quarter in 2009 to the same quarter in 2010. The prices of row houses increased by 7.7 per cent in this period, while detached houses and flats in blocks had a price increase of 6.4 and 5.4 per cent respectively.

From 2009 to 2010, average house prices increased by 8.3 per cent. House prices in Stavanger had the sharpest increase by 14.5 per cent, while the region Western Norway excluding Bergen had the lowest increase by 5.2 per cent.

1st quarter 1992 = 100

A total of 17 652 house sales are used in the index computation for the fourth quarter of 2010.

Average square metre prices, together with the full time series, can be found in “More tables in StatBank”.

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