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Highest rent increase for 2-room dwellings
statistikk
2012-10-19T10:00:00.000Z
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
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Rental market surveyQ3 2012

Quarterly projections of the RMS have been discontinued from the fourth quarter of 2012.

Content

Published:

Highest rent increase for 2-room dwellings

The rental market survey shows that the average monthly rent for 2-room dwellings rose 0.8 per cent from the second to the third quarter of 2012.

The average monthly rent in Oslo including Bærum showed the highest rent level, with an average monthly rent of NOK 9 048 in the third quarter of 2012. The rent changes in the third quarter of 2012 varied from a decrease of 0.1 per cent in Akershus excluding Bærum, to an increase of 0.9 per cent in medium-sized urban settlements. The average monthly rents in Bergen, Trondheim, Stavanger and Tromsø went up 0.7 per cent in the same period.

Highest increase for two-room dwellings

For dwellings with two rooms, monthly rents went up by 0.8 per cent from the second quarter of 2012 to the third quarter of 2012. Dwellings with four and five rooms had a rent increase of 0.4 and 0.3 per cent respectively, while one-room dwellings rose by 0.5 per cent in the same period.

 

Average monthly and yearly rents by number of rooms. NOK
 
 Average monthly rents.
3rd quarter 2012
     Average yearly rents per sqm.
3rd quarter 2012
 
1 room 15 0482 048
2 rooms5 8711 417
3 rooms6 7371 166
4 rooms7 103 952
5 rooms or more7 477 847
 
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.