284791
/en/bygg-bolig-og-eiendom/statistikker/eiendomsoms/kvartal
284791
statistikk
2017-08-11T08:00:00.000Z
Construction, housing and property
en
eiendomsoms, Transfer of properties, registered transfers, dwellings, commercial properties, leisure properties, land, purchase price, type of dwellings, ground lease, transfer of title (for example free market sale, compulsory sale, settlement of estate)Property, Construction, housing and property
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Transfer of properties

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Key figures

47 800

transfer of properties in the 2. quarter of 2017

Registered transfers of real property and property owned through a housing ccoperative. Preliminary figures
2nd quarter 20172nd quarter 2017Change in per centChange in per cent
TransfersShare2nd quarter 2016 - 2nd quarter 20172nd quarter 2012 - 2nd quarter 2017
Real estate
All transfers47 744100.0-1.46.6
Establishment of lease3671-20.95.8
Transfer of lease2 9106-6.9-10.8
Transfer of title total44 46793-0.88.0
Transfer of title, free market sale28 010592.23.7
Transfer of title, donation4 00283.482.8
Transfer of title, compulsory sale and eminent domain2380-7.0-8.8
Transfer of title, licensed and inheritance of decedent estate6 87114-8.20.6
Transfer of title, other and not specified5 13111-11.65.3
Property owned through a housing cooperative
Transfer of title total10 157100
Transfer of title, free market sale8 03479
Transfer of title, donation1441
Transfer of title, compulsory sale and eminent domain380
Transfer of title, licensed and inheritance of decedent estate1 33013
Transfer of title, other and not specified6116

See more tables on this subject

Table 1 
Registered transfers of real property

Registered transfers of real property
TransfersNotified amount (NOK million)1
2nd quarter 20142nd quarter 20152nd quarter 20162nd quarter 201722nd quarter 20142nd quarter 20152nd quarter 20162nd quarter 20172
1Comprice mainly purchase prices. For transfers free of charge, the value stated in the deed of conveyance is used.
2Preliminary figures.
The whole country45 67848 35448 40947 74486 426101 413101 716112 693
Østfold2 4142 4532 5302 5314 0214 4824 7335 370
Akershus4 6544 7424 9365 29812 81414 13116 42220 072
Oslo4 1234 2924 0883 99214 33918 51917 99920 446
Hedmark1 9552 1502 2332 1672 1322 7013 0183 479
Oppland2 0232 3352 4522 2762 2952 7813 1152 948
Buskerud2 6822 8182 9602 9254 5124 6925 2965 849
Vestfold1 9392 3332 3302 2194 1354 7625 5045 458
Telemark1 8131 8661 8871 9432 3262 3482 4683 016
Aust-Agder1 3201 5241 4661 3871 8052 4172 1772 074
Vest-Agder1 8752 0022 0672 0783 2613 7223 6473 876
Rogaland4 0584 2673 5003 56710 38913 2557 6438 629
Hordaland4 3454 7384 8114 3728 0639 24310 10110 408
Sogn og Fjordane9399269091 0729468249101 457
Møre og Romsdal2 5782 6032 6202 4403 4943 5053 7133 641
Sør-Trøndelag2 7833 0453 1753 2465 4896 4646 8737 870
Nord-Trøndelag1 2931 2521 3001 3111 6671 4841 7821 764
Nordland2 5072 5432 5862 5412 3372 5382 7472 872
Troms - Romsa1 5721 6731 7001 6141 8712 8582 7972 696
Finnmark - Finnmárku805792859765532688773765

Table 2 
Registered transfers of real property, by type of property

Registered transfers of real property, by type of property
2nd quarter 20142nd quarter 20152nd quarter 20162nd quarter 20171
1Preliminary figures.
All properties45 67848 35448 40947 744
Dwelling property total33 38934 83034 43134 478
Dwelling property with building31 91033 14132 87932 879
Dwelling property without building1 4791 6891 5521 599
Holiday property total6 8167 4827 9077 564
Holiday property with buildingl5 8326 2546 5796 158
Holiday property without building9841 2281 3281 406
Agricultural/forestry property total1 5711 5901 7011 704
Agricultural/forestry property with building1 3531 3011 4241 363
Agricultural/forestry property without building218289277341
Commercial/office property total721771811782
Commercial/office property with building685724741656
Commercial/office property without building364770126
Industrial property total503661657541
Industrial property with building405510493371
Industrial property without building98151164170
Communication purposes148146174175
Other2 1272 5652 5362 097
Not specified403309192403

Table 3 
Registered transfers of real property, by type of transfer and type of property. Preliminary figures

Registered transfers of real property, by type of transfer and type of property. Preliminary figures
Establishment of leaseTransfer of leaseTransfer of title
TotalFree market saleDonationCompulsory sale and eminent domainLicensed decedent estateInheritance of decedent estateOther and not specified
2nd quarter 2017
All properties3672 91044 46728 0104 0022382 2494 6225 131
Dwelling property total361 58132 86122 5362 5851721 5143 0652 796
Dwelling property with building201 55031 30921 4292 4191651 4732 9912 640
Dwelling property without building16311 5521 10716674174156
Holiday property total1991 1166 2493 53782913377743736
Holiday property with buildingl1291 0664 9632 6476919338657608
Holiday property without building70501 28689013843986128
Agricultural/forestry property total1111 69251537512152396235
Agricultural/forestry property with building091 3543723359123338170
Agricultural/forestry property without building12338143403295865
Commercial/office property total1070702336643862256
Commercial/office property with building663587300542954195
Commercial/office property without building4711536109861
Industrial property total23374812601151322170
Industrial property with building13353231591141219118
Industrial property without building102158101011352
Communication purposes011742931600126
Other79791 93970416213125287648
Not specified1915369933133047164

Table 4 
Transfer of dwelling properties with building, free market sale, by type of dwelling. Preliminary figures

Transfer of dwelling properties with building, free market sale, by type of dwelling. Preliminary figures
TotalDetached housesHouses with 2 dwelling unitsRow housesMulti-dwellingOther buildingsUnknown
2nd quarter 2017
The whole country21 4298 5971 7891 6918 0501 091211
Østfold1 213594851382998710
Akershus3 2541 0703172721 45112816
Oslo1 854253120871 3364315
Hedmark7514386158136544
Oppland5943496823125245
Buskerud1 10552613489300542
Vestfold1 19360010465346699
Telemark623416622081368
Aust-Agder54628545341423010
Vest-Agder95139588793334016
Rogaland2 0558531312437298910
Hordaland2 1926961612091 031869
Sogn og Fjordane3691392532145226
Møre og Romsdal1 08947113610624311815
Sør-Trøndelag1 66546811412379312839
Nord-Trøndelag4322512727902710
Nordland77245949571583316
Troms - Romsa6132325421281214
Finnmark - Finnmárku158102883127

Table 5 
Transfers of holiday properties with building, free market sale. Preliminary figures

Transfers of holiday properties with building, free market sale. Preliminary figures
2nd quarter 2017
All transfersTotal purchase price (NOK million)Purchase price per transfer (NOK 1 000)Transfers on owned siteTotal purchase price on owned site (NOK million)Purchase price per transfer on owned site (NOK 1 000)Transfers on leased siteTotal purchase price on leased site (NOK million)Purchase price per transfers on leased site (NOK 1 000)
The whole country3 2906 1081 8572 6425 0771 9226481 0311 591
 
Østfold1673962 3691092882 641581081 856
Akershus and Oslo1312752 0981182512 13013241 808
Hedmark2555122 0092024302 13053821 547
Oppland3906671 7113215461 701691211 760
Buskerud4148922 1543097112 3021051801 719
Vestfold1203152 626952632 76525532 102
Telemark2937022 3962255782 569681241 825
Aust-Agder1392541 8251042102 01635441 257
Vest-Agder1884402 3391493472 33039932 376
Rogaland1512561 6971171991 69734581 699
Hordaland2875521 9222785331 9179192 073
Sogn og Fjordane55751 37152721 390331 047
Møre og Romsdal1281471 1511171361 16311111 034
Sør-Trøndelag1792541 4201622361 45817181 052
Nord-Trøndelag1101111 008807796030341 137
Nordland1511318701171069033426755
Troms - Romsa75851 13168771 129781 150
Finnmark - Finnmárku574477019189273826692

Table 6 
Transfers of dwelling properties with building, free market sale. Preliminary figures

Transfers of dwelling properties with building, free market sale. Preliminary figures
2nd quarter 2017
All transfersTotal purchase price (NOK million)Purchase price per transfer (NOK 1 000)Transfers on owned siteTotal purchase price on owned site (NOK million)Purchase price per transfer on owned site (NOK 1 000)Transfers on leased siteTotal purchase price on leased site (NOK million)Purchase price per transfer on leased site (NOK 1 000)
The whole country22 32781 9193 66921 42979 3293 7028982 5912 885
 
Østfold1 3504 0282 9841 2133 6523 0111373762 746
Akershus3 30316 3994 9653 25416 1774 971492224 532
Oslo1 90312 3546 4921 85412 0816 516492735 574
Hedmark7722 1722 8137512 1352 84321371 742
Oppland6301 5522 4635941 4672 47036852 356
Buskerud1 1363 7743 3221 1053 7083 35631662 131
Vestfold1 2724 3073 3861 1934 0753 415792332 945
Telemark6641 6822 5336231 5942 55941882 143
Aust-Agder5771 3832 3975461 3302 43731531 697
Vest-Agder9652 8632 9669512 8132 95814493 523
Rogaland2 0717 0373 3982 0556 9933 40316432 701
Hordaland2 2428 0873 6072 1927 9293 617501583 162
Sogn og Fjordane3889832 5323699202 49419623 279
Møre og Romsdal1 1052 7902 5251 0892 7572 53216332 062
Sør-Trøndelag1 6996 2803 6961 6656 1473 692341333 913
Nord-Trøndelag5281 3092 4794321 0572 446962522 626
Nordland8382 1672 5857722 0212 617661462 212
Troms - Romsa6222 1683 4856132 1483 5049202 182
Finnmark - Finnmárku2625862 2381583242 0521042622 520

Table 7 
Transfers of properties owned through a housing cooperative. Preliminary figures

Transfers of properties owned through a housing cooperative. Preliminary figures
TransfersNotified amount (NOK million)Joint debt in total (NOK million)
2nd quarter 2017
The whole country10 15721 5863 328
Østfold675854167
Akershus7251 760181
Oslo2 9799 186673
Hedmark34542672
Oppland15121438
Buskerud508807126
Vestfold611768144
Telemark510572112
Aust-Agder655825
Vest-Agder19226858
Rogaland445722187
Hordaland1 0062 899196
Sogn og Fjordane445411
Møre og Romsdal24529175
Sør-Trøndelag7651 459213
Nord-Trøndelag19316660
Nordland429585162
Troms - Romsa213406130
Finnmark - Finnmárku556812
Unknown1::

Table 8 
Number of transferred dwellings owned through a housing cooperative, by type of dwelling. Preliminary figures

Number of transferred dwellings owned through a housing cooperative, by type of dwelling. Preliminary figures
TotalDetached housesHouses with 2 dwelling unitsRow housesMulti-dwellingOther buildingsUnknown
2nd quarter 2017
The whole country8 017761379856 61369137
Østfold4841410736246
Akershus57212159045311
Oslo2 445410832 333213
Hedmark258463021611
Oppland11631367402
Buskerud3931135431663
Vestfold47052410632375
Telemark3987229726183
Aust-Agder470453701
Vest-Agder154771812101
Rogaland3601186926903
Hordaland8033108569627
Sogn og Fjordane3505171300
Møre og Romsdal187373612948
Sør-Trøndelag60613434662865
Nord-Trøndelag1580014134010
Nordland320244625756
Troms - Romsa171134112312
Finnmark - Finnmárku391182900
Unknown1000100

Table 9 
Free market sales of property owned through a housing coopertive. Number, purchase price and joint debt. Preliminary figures

Free market sales of property owned through a housing coopertive. Number, purchase price and joint debt. Preliminary figures
Transfers, totalTotal purchase price (NOK million)Purchase price per transfer (NOK 1 000)Joint debt in total (NOK million)1Joint debt per transfer (NOK 1 000)Purchase price per transfer included joint debt (NOK 1 000)
1Figures on joint debt are based on information on sellers joint debt in the housing cooperative at the end of the year before the sale took place. If figures on joint debt are missing, it is estimated.
2nd quarter 2017
The whole country8 01719 9392 4872 6083252 812
Østfold4848171 6881553202 008
Akershus5721 6912 9571692963 253
Oslo2 4458 9253 6506432633 913
Hedmark2584151 609893441 953
Oppland1162131 833322802 113
Buskerud3937771 9781243162 294
Vestfold4707511 5971553291 926
Telemark3985481 3761343371 713
Aust-Agder47561 189234911 680
Vest-Agder1542601 688533442 032
Rogaland3607151 9871774932 480
Hordaland8031 8572 3132002492 562
Sogn og Fjordane35521 491102921 783
Møre og Romsdal1872831 512633361 848
Sør-Trøndelag6061 3902 2941963232 617
Nord-Trøndelag1581601 014845351 549
Nordland3205591 7481665172 265
Troms - Romsa1713832 2421257312 973
Finnmark - Finnmárku39641 637102501 887
Unknown1:::::

About the statistics

The statistics comprise the number and value of registered transfers of real property and registered transfers of property owned through a housing cooperative. For dwellings and holiday homes sold on the free market, both total and average purchase prices are published.

Definitions

Definitions of the main concepts and variables

Registered amount

Registered amount comprises mainly purchase prices. If the transfer is free of charge, the value of the property stated on the deed of conveyance is used.

Average purchase price per transfer

An average purchase price is calculated for the following types of properties and transfers:

  • Dwelling property with building, title to land, free market sale and purchase price reported.
  • Holiday property with building, title to land, free market sale and purchase price reported.
  • Holiday home on leased site, free market sale and purchase price reported.
  • Dwelling owned through a housing cooperative.

Transfer

A transfer does not only comprise ordinary sale, but also donation, compulsory sale and eminent domain, licensed decedent estate, inheritance of decedent estate and other. A transfer can also comprise one or several cadastral units. For properties with more than one owner, a transfer can also be a part of a property.

Free market sale

Free market sale means that the property is sold for a price corresponding to the market value. The property is not always announced for sale on the free market.

Standard classifications

Type of building

Type of property

Type of transfer

Administrative information

Name and topic

Name: Transfer of properties
Topic: Construction, housing and property

Next release

Responsible division

Division for Primary Industry Statistics

Regional level

The statistics are published at county and municipality level.

Frequency and timeliness

The statistics are published quarterly. Preliminary figures are published about 6 weeks after end of quarter. Usually, final figures are available about 32 weeks after end of quarter. The difference between preliminary and final figures is under 1 per cent.

The statistics are based on the date of registration. This date can be several weeks or months later than the date of sale. Data from finn.no from 2016 show that dwelling properties in average are sold 2-3 mounths before the date of registration.

International reporting

Not relevant

Microdata

Microdata are stored in Statistics Norway.

Background

Background and purpose

The aim is to provide statistics on the extent of transfers of real property in Norway. The statistics have comprised the present level of details since 1991. With fewer details the statistics go back to 1836. However, statistics are lacking for the years 1981-1983.

As from 2017 registered transfers of property owned through a housing cooperative are included.

Users and applications

Users are public institutions, estate agents, media and people in general.

Equal treatment of users

No external users have access to the statistics and analyses before they are published and accessible simultaneously for all users on ssb.no at 8 am. Prior to this, a minimum of three months' advance notice is given in the Statistics Release Calendar. Read more about principles for equal treatement of all users on ssb.no.

Coherence with other statistics

Since 1991 Statistics Norway has worked out the quarterly House Price Index , which provides current price statistics for the housing market.

Statistics Norway also works out statistics on registered transfers of agricultural properties . This statistics are based on the properties defined as agricultural properties in the farm register owned by Norwegian Agriculture Agency.

Legal authority

The Statistics Act §§ 2-1, 3-2.

EEA reference

Not relevant

Production

Population

The statistics comprise all registered transfer of real property (and from 2017 registered transfer of property owned through a housing cooperative) and not only real sales. In addition to sales on the free market, the statistics also include donations, forced sales, expropriations, licensed decent estates, inheritance of decent estate and other registered transfers of title. The statistics include three types of real property: parcels, leases and sections of buildings registered as freehold.

Transfer of real property may occur without registration, but this is very uncommon.

A few transfers include more than one dwelling property unit or holiday property unit.

Data sources and sampling

The statistics are based on data from two governmental administrative registers: the Register of Deeds ("Grunnboka") and the Norwegian Cadastre system (real properties, addresses, buildings and cadastral map). The Norwegian Mapping Authority has been managing the latter register for many years and has in the period 2004-2007 gradually taken over the management of the Register of Deeds from the local courts.

The statistics comprise all registered transfers of real property.

Collection of data, editing and estimations

Data from the registers mentioned in chapter 3.2 are forwarded via file transfer and API to Statistics Norway.

The data are subject to computerized controls to detect lacks, errors, extreme values and lack of coherence. Data are corrected by means of additional information from the Register of Real Properties, Addresses and Buildings.

Mainly, the statistics comprise counting of transfers by various characteristics, e.g. type of property, type of transfer, with/without building and type of dwelling. Registered amount in NOK is also added up.

Registered amount is estimated as follows:

If the purchase price is above NOK 1, the registered amount is based on the purchase price. If the purchase price is NOK 1 or less, the registered amount is based on the value of the property stated on the deed of conveyance.

As from 2017 registered transfer of property owned through a housing cooperative is included. Data on share of common debt in the cooperatve come from tax statistics for persons. If data on debt is missing, an average value is used.

 

Seasonal adjustment

Not relevant

Confidentiality

Figures based on less than three units (transfers) are not published if this causes risk for identifying any of the units concerned. Furthermore, figures are not published if more than 90 per cent of the registered amount originates from a single unit.

Comparability over time and space

Statistics on transfers of real property exist as a continuous time series from 1836 to 1980. The statistics show the number of transfers and the registered amount, distributed on urban and rural areas. In addition, as from 1852 to 1980 a time series is available on average price per unit of assessed site value for agricultural properties sold on the free market.

Up to and including 1980, the statistics were based on aggregated data forwarded directly from local courts to Statistics Norway. The Register of Real Properties, Addresses and Buildings was established around 1980. The intension was to use this register as base for the statistics as from 1981. However, at that time data from several municipalities were lacking and the data quality for municipalities included was partially poor. Due to this, statistics are lacking for the years 1981-1983. As from 1984 statistics are published again, but for some years data were still of rather poor quality. Statistics at present level of details are published as from 1991.

Before 2006, the statistics were published in this way: 1st quarter, 1st half year, 1.-3. quarter and the whole year. As from 2006, the statistis are published quarterly.

Average price per transfer is published for transfers of dwelling properties with building and holiday properties with building. Properties without purchase price reported are not included. Dwelling property refers to detached houses, semi-detached houses, row-houses, flats in multi dwelling houses etc. Percentage of different dwelling types varies over time. For holiday properties a few transfers may include more than one holiday property unit. Due to these circumstances, the average value do not describe the price trend for a specific type of dwelling or holiday property, particularly not when the average figure is based on just a few transfers. Therefore, average prices are not published for a lower level than county.

Accuracy and reliability

Sources of error and uncertainty

The statistics are based mainly on information reported in connection with registration of title to property and thus considered to be reliable. Misclassification of type of property and type of dwelling may occur.

In the period 2004-2007 the number of registered transfers classified as other type of property and other type of dwelling has increased. Registered transfers not specified have also increased. During the control routine we are not able to replace all of the transfers with the correct classification.

Errors originate from data processing in Statistics Norway are considered to be insignificant.

There are formal procedures to be followed when registering a real property. Consequently, non-response does not exist. Delay in the updating of the relevant registers may cause minor lacks in the preliminary statistics.

As from 2017 registered transfer of property owned through a housing cooperative is included. Data on the share of common debt in the cooperatve come from tax statistics for persons. If data on debt is missing, an average value is used.

Revision

Not relevant

Contact

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