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New dwellings more expensive
statistikk
2017-03-20T08:00:00.000Z
Prices and price indices;Construction, housing and property
en
nybolig, Price index for new dwellings, price development, new buildings, new detached houses, multidwellings, blocks of flats, terrace housing, semi-detached houses, house pricesDwelling and housing conditions , House prices and house price indices , Construction, housing and property, Prices and price indices
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On average, prices for new dwellings have increased by 10.4 per cent in the 4th quarter of 2016 compared to the same quarter in 2015. The increase in prices was highest for multi-dwellings.

Price index for new dwellings, Q4 2016

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New dwellings more expensive

On average, prices for new dwellings have increased by 10.4 per cent in the 4th quarter of 2016 compared to the same quarter in 2015. The increase in prices was highest for multi-dwellings.

Price index for new dwellingsPublished 20 March 2017
Price indexPercentage change from the same quarter of the previous year
TotalDetached housesMulti-dwellingTotalDetached housesMulti-dwelling
4th quarter 2015101.4101.3101.45.65.16.0
1st quarter 2016102.1101.6102.34.04.23.8
2nd quarter 2016106.7103.9108.36.72.69.5
3rd quarter 2016108.4103.9111.17.64.09.9
4th quarter 2016111.9104.1116.610.42.815.0

Source: Statistics Norway

Figure 1. Price index for new dwellings. 2015=100

Prices for new flats and small houses increased by 15.0 per cent from the 4th quarter of 2015 to the 4th quarter of 2016. From the 3rd quarter to the 4th quarter of 2016, prices increased by 5.0 per cent. Prices are measured at the time of sale.

Prices for new detached houses have increased by 2.8 per cent from the 4th quarter of 2015 to the 4th quarter of 2016. From the 3rd quarter to the 4th quarter of 2016 there has been a weak increase in prices by 0.2 per cent. Prices are measured at the completion date registered in the Cadaster.

Prices for new dwellings in total have increased by 10.4 per cent from the 4th quarter of 2015 to the 4th quarter of 2016, and by 3.2 per cent from the 3rd quarter to the 4th quarter of 2016.

Prices for existing flats, small houses and detached houses have increased by 15.9, 9.9 and 7.6 per cent respectively from the 4th quarter of 2015 to the 4th quarter of 2016.

Points of measure are differentOpen and readClose

Prices of new detached houses and new multi-dwellings are collected at different stages in the building process. New detached houses are measured at the completion date registered in the Cadastre, while new multi-dwellings are measured at the point of sale.