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84744
Highest rent increase for 2-room dwellings
statistikk
2012-04-26T10:00:00.000Z
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, Q1 2012

Variants of the statistics:

Content

Published:

This is an archived release.

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Highest rent increase for 2-room dwellings

The average monthly rent for all tenants rose 0.8 per cent from the fourth quarter 2011 to the first quarter 2012.

The rental market survey showed that the development in average rents has been similar throughout the different geographical regions. As expected, the average monthly rent in Oslo including Bærum showed the highest rent level, with an average monthly rent of NOK 8 961 in the first quarter of 2012.

Highest increase for dwellings with two rooms

For dwellings with two rooms, rents increased by 1.1 per cent from the fourth quarter 2011 to the first quarter 2012. The lowest increase in this quarter was for dwellings with one room, where rents went up 0.5 per cent.

See the rental market survey for more information .

Average monthly and yearly rents, by number of rooms. NOK
  Average
monthly rents,
Q1 2012 		         Average
yearly rents
per sqm,
Q1 2012
1 room1 4 995 2 027
2 rooms 5 798 1 399
3 rooms 6 682 1 157
4 rooms 7 103  952
5 rooms or more 7 446  843
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 index for actual rentals paid by tenants in the Consumer Price Index.