Houses prices fell by 0.4 per cent from the third to the fourth quarter last year, bringing them back to the same level as in the second quarter of 2011. Compared to the fourth quarter of 2010, house prices had increased by 8.0 per cent.
House prices fell by 0.4 per cent from the third to the fourth quarter last year. The largest decrease was in Hedmark and Oppland, by 3.7 per cent, while Bergen had the largest increase by 1.9 per cent.
Detached houses and row houses had a decrease of 0.8 and 0.1 per cent respectively from the previous quarter, while flats increased by 0.3 per cent.
| 3rd quarter 2011-4th quarter 2011 | 4rd quarter 2010-4th quarter 2011 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | -0.4 | 8.0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Oslo incl. Bærum | -0.5 | 9.4 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Stavanger | 1.3 | 9.0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Bergen | 1.9 | 10.9 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Trondheim | 1.8 | 12.4 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Akershus excl. Bærum | -1.1 | 6.9 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| South Eastern Norway | -1.3 | 6.8 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Hedmark and Oppland | -3.7 | 4.8 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Agder and Rogaland excl. Stavanger | -0.1 | 7.2 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Western Norway excl. Bergen | 1.7 | 7.8 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Trøndelag excl. Trondheim | -2.2 | 10.3 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Northern Norway | -1.2 | 4.7 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
From 2010 to 2011, average house prices increased by 8.0 per cent. House prices in Trøndelag had the
highest rise, by 11.0 per cent in Trondheim and 10.3 per cent in Trøndelag excluding Trondheim. Northern Norway had the lowest increase of 4.9 per cent.
Prices for flats in blocks had the highest increase, by 10.3 per cent. For row houses and detached houses the growth was 8.0 and 7.2 per cent respectively.
In 2011, house prices were 50.9 per cent higher than the 2005 average. Stavanger had the strongest increase with 91.9 per cent. During the same period, Bergen and Trondheim was the region with the lowest price growth, at 45.0 and 46.5 per cent, while in Oslo the increase was level with the national average.
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A total of 18 754 house sales are used in the index computer for the fourth quarter of 2011. Average square metre prices, together with full time series, can be found in “More tables in StatBank”. |
Published 13 January 2012 © Statistics Norway