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Decline in prices for all house types
statistikk
2013-10-15T10:00:00.000Z
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, Q3 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.

Decline in prices for all house types

House prices decreased on average by 1.8 per cent from the second to the third quarter this year. The price of detached houses had the strongest price fall.

House price index. Change in per centPublished 15 October 2013
2nd quarter 2013 - 3rd quarter 20133rd quarter 2012 - 3rd quarter 2013
The whole country-1.82.9
 
Oslo including Bærum-1.90.7
Stavanger-1.9-0.3
Bergen-1.86.4
Trondheim-0.15.0
 
Akershus excluding Bærum0.46.6
Sør-Østlandet-0.94.1
Hedmark and Oppland-1.15.4
Agder and Rogaland excluding Stavanger-5.0-0.2
Vestlandet excluding Bergen-3.24.6
Trøndelag exluding Trondheim-0.16.6
Nord-Norge-0.8-0.1

Source: Statistics Norway

Figure 1. House price index by house type

Detached houses had the largest decline from the second to the third quarter of 2013, with 2.4 per cent. The prices of row houses and flats in blocks decreased by 1.0 and 0.9 per cent respectively.

Strongest price fall in Agder and Rogaland excluding Stavanger

After a price rise in the previous quarter, the prices of Agder and Rogaland excluding Stavanger and Western Norway excluding Bergen, decreased by 5.0 per cent and 3.2 per cent respectively from the second to the third quarter. House prices in Oslo, Stavanger and Bergen decreased on average by 1.9 per cent, while in Trondheim, the decline was 0.1 per cent.

2.9 per cent rise during last year

House prices are still 2.9 per cent higher than the same quarter last year. Row houses had the sharpest rise since the third quarter last year, by 3.2 per cent. For detached houses and flats in blocks the prices increased by 2.9 and 2.8 per cent respectively.

A total of 20 297 house sales were used in the index calculations for the third quarter of 2013.