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House prices up 1.2 per cent
statistikk
2015-10-13T10:00:00.000Z
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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The house price index measures development of the value of the housing stock. The house prices in Norway increased on average by 6.1 per cent from the 3rd quarter of 2014 to the 3rd quarter of 2015.

Price index for existing dwellings, Q3 2015

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House prices up 1.2 per cent

House prices increased by 1.2 per cent from the 2nd to the 3rd quarter of 2015, when adjusted for seasonal variations. The prices of detached houses had the highest growth by 1.4 per cent in the period.

House price index. Change in per centPublished 13 October 2015
Seasonally adjusted3rd quarter 2014 - 3rd quarter 2015
2nd quarter 2015 - 3rd quarter 2015
The whole country1.26.1
 
Oslo including Bærum2.110.3
Stavanger-1.9-5.3
Bergen0.77.4
Trondheim1.67.1
 
Akershus excluding Bærum1.68.9
Sør-Østlandet1.96.6
Hedmark and Oppland1.06.9
Agder and Rogaland excluding Stavanger1.11.1
Vestlandet excluding Bergen0.23.6
Trøndelag exluding Trondheim0.76.2
Nord-Norge0.23.4

Source: Statistics Norway

Figure 1. House price index, by house type. 1992=100

The corresponding increase in prices for flats in blocks and small houses was 1.1 and 0.4 per cent.

The house prices in the regions Oslo and South Eastern Norway had the highest growth in the quarter, by 2.1 and 1.9 per cent respectively. Only Stavanger had a decrease in house prices in this period, with a fall of 1.9 per cent.

Strong price growth in Oslo last year

House prices in Oslo increased on average by 10.3 per cent from the 3rd quarter of 2014 to the 3rd quarter of 2015. The prices for flats in blocks had the highest increase by 12.4 per cent. Small houses and detached houses increased in this period, by 8.9 and 7.2 per cent respectively.

Only Stavanger had a decrease in house prices last year, where the prices fell by 5.3 per cent. The prices for flats in blocks and small houses had the highest decrease by 8.0 and 7.6 per cent respectively. The prices of detached houses fell by 2.7 per cent.

House prices in Norway increased on average by 6.1 per cent in this period.

A total of 20 990 house sales were used in the index calculations for the 3rd quarter of 2015.