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107143
House prices up 2.6 per cent
statistikk
2013-07-16T10:00:00.000Z
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, Q2 2013

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An error has been identified in ‘The Index for row houses for Nord-Norge' for the period 2nd quarter 2012 - 1st quarter 2014. This has also affected the total figures. Updated figures for this period are available in StatBank.

House prices up 2.6 per cent

House prices increased on average by 2.6 per cent from the first quarter to the second quarter this year. The prices of detached houses had the strongest increase.

House price index. Change in per centPublished 16 July 2013
1st quarter 2013 - 2nd quarter 20132nd quarter 2012 - 2nd quarter 2013
The whole country2.65.4
 
Oslo including Bærum0.85.3
Stavanger0.64.5
Bergen4.29.8
Trondheim-0.46.3
 
Akershus excluding Bærum1.06.2
Sør-Østlandet3.44.5
Hedmark and Oppland7.75.7
Agder and Rogaland excluding Stavanger3.54.7
Vestlandet excluding Bergen6.16.4
Trøndelag exluding Trondheim3.63.9
Nord-Norge-0.52.5

Source: Statistics Norway

Figure 1. House price index by house type. 1st quarter 1992 - 2nd quarter 2013. 1st quarter 1992=100

The prices of flats in blocks and row houses increased by 1.2 and 0.8 per cent respectively from the first to the second quarter of 2013. During the same period, the prices of detached houses increased by 3.8 per cent.

The strongest price increases were in Hedmark and Oppland, and Western Norway excluding Bergen, where house prices increased by 7.7 and 6.1 per cent respectively in the last quarter. In Northern Norway and Trondheim house prices fell by 0.5 and 0.4 per cent respectively.

Strongest growth in Bergen last year

From the second quarter of 2012 to the second quarter of 2013, house prices in Bergen

had the highest rise, by 9.8 per cent. The increase in prices was about the same for all dwelling types.

In Trondheim, house prices increased by 6.3 per cent last year. In Oslo, including Bærum, and Stavanger, the increases were lower than the national average, with 5.3 and 4.5 per cent respectively.

A total of 25 027 house sales are used in the index calculations for the second quarter of 2013.

Housing price statisticsOpen and readClose

In January 2013, Eurostat released the first official housing price statistics. The statistics provide information on the development of house prices in the different European countries and in the Euro area as a whole. 

There is one difference between the house price index that Statistics Norway reports to Eurostat and the house price index presented here: Eurostat weights the sub-indices to a total index by the value of the transacted dwellings, and not by the value of the housing stock. Hence, the index reported to Eurostat will differ slightly from the one published on our own website.