Content
Published:
This is an archived release.
Lower sales of dwellings and holiday homes
In the third quarter of 2013, the total number of registered transfers decreased by 3 per cent for both dwellings and holiday homes compared with the same period in the previous year.
| 3rd quarter 2013 | Change in per cent | |||
|---|---|---|---|---|
| Transfers | Share | 3rd quarter 2012 - 3rd quarter 2013 | 3rd quarter 2008 - 3rd quarter 2013 | |
| All transfers | 48 840 | 100.0 | -0.8 | 13.6 |
| Establishment of lease | 406 | 1 | 21.2 | 0.0 |
| Transfer of lease | 3 358 | 7 | -2.4 | -2.8 |
| Transfer of title total | 45 076 | 92 | -0.8 | 15.2 |
| Transfer of title, free market sale | 31 321 | 64 | -1.7 | 14.7 |
| Transfer of title, donation | 2 000 | 4 | -11.3 | 8.5 |
| Transfer of title, compulsory sale and eminent domain | 258 | 1 | 10.7 | 98.5 |
| Transfer of title, licensed and inheritance of decedent estate | 6 826 | 14 | 1.1 | 19.0 |
| Transfer of title, other and not specified | 4 671 | 10 | 7.7 | 13.2 |
A total of 48 800 registered transfers of real property were recorded in the third quarter; a decrease of 400 properties compared with the corresponding quarter last year. The aggregate value of properties transferred during the third quarter of 2013 amounted to NOK 98.1 billion. This is an increase of NOK 2.8 billion compared with the corresponding quarter in 2012.
Decrease in sales of dwellings
In the third quarter of 2013, a total of 25 900 dwellings were sold on the free market; a decrease of 3 per cent compared with the same quarter in 2012. The average price per transfer was NOK 3.0 million.
Decrease for holiday homes
In total, 3 400 holiday homes were sold on the free market in the third quarter of 2013; a decrease of 3 per cent from the corresponding period in 2012. Almost 2 700 of these were holiday homes on an owned site, while 700 were transfers of holiday homes on a leased site. The average price per transfer was NOK 1.4 million for holiday homes on an owned site, and NOK 1.3 million for holiday homes on a leased site.
Not price statisticsOpen and readClose
The statistics are based on the number and the value of the registered transfers of real property. The composition of sold properties varies over time as regards size, standard and location. Due to this, the change in average price per transfer from one year to another does not reflect the correct price trend for a certain type of property.
For instance, a large number of high-standard holiday homes have been built in recent years. Therefore, the average purchase price per transferred holiday home has increased more than the price of one single holiday home.
For the development of the value of the total housing stock in Norway , see the House price index.
Additional information
The statistics are based on the date of registration. On average, a property is registered 30 days after the date of sale.
Contact
-
Terje Olav Rundtom
E-mail: terje.olav.rundtom@ssb.no
tel.: (+47) 91 38 60 61