53998_not-searchable
/en/priser-og-prisindekser/statistikker/lmu/kvartal
53998
Minor changes in rents
statistikk
2011-08-24T10:00:00.000Z
Prices and price indices;Construction, housing and property
en
lmu, Rental market survey, letting, rent, rents per square metre, dwelling types, lessor categories (for example family, local authority, employer), dwelling sizeDwelling and housing conditions , House prices and house price indices , Construction, housing and property, Prices and price indices
false

Rental market survey, Q2 2011

Variants of the statistics:

Content

Published:

This is an archived release.

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Minor changes in rents

The average monthly rent for all tenants rose 0.3 per cent from the first to the second quarter 2011. The average monthly rent was NOK 6 147 for all types of housing.

The rental market survey showed that average rents increased the most in Akershus excluding Bærum, with 0.6 per cent from the first to second quarter 2011. The average monthly rent in Bergen, Trondheim, Stavanger and Tromsø rose 0.1 per cent in the same period, and in Oslo including Bærum, the increase was 0.2 per cent.

In Oslo and Bærum the average monthly rent was NOK 8 547 in the second quarter. This corresponds to NOK 1 942 annual average rent per square metre.

Highest increase for dwellings with four rooms

For dwellings with four rooms, the rents increased by 0.4 per cent from the first to the second quarter. The lowest increase in this quarter was for dwellings with five rooms, where rents went up 0.1 per cent.

See the rental market survey for more information .

Average monthly and yearly rents, by number of rooms. NOK
  Average monthly rents.
2nd quarter 2011 		Average yearly rents per sqm.
2nd quarter 2011
Total 6 147 1 183
     
1 room1 4 871 1 900
2 rooms 5 421 1 290
3 rooms 6 409 1 118
4 rooms 6 950  941
5 rooms or more 7 178  814
1  Lodgings without independent access are omitted.

About the interpretation of the average estimates

The Norwegian rental market is characterised by large variations in rents due to geography, physical unit attributes, relations between tenants and landlords and period of tenancy. The average estimates must therefore be treated with some caution. It is also important to notice that average rent levels are not directly comparable between years. The reason is that each annual survey is based on unique samples that may differ according to variables that are important for the rent level.

Annual numbers are projected each quarter based on the Consumer Price Index, or more precisely the index for actual rentals paid by tenants.