284793
/en/bygg-bolig-og-eiendom/statistikker/eiendomsoms/kvartal
284793
statistikk
2017-10-27T08:00:00.000Z
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

50 311

transfer of properties in the 3. quarter of 2017

Registered transfers of real property and property owned through a housing ccoperative. Preliminary figures
3rd quarter 20173rd quarter 2017Change in per centChange in per cent
TransfersShare3rd quarter 2016 - 3rd quarter 20173rd quarter 2012 - 3rd quarter 2017
Real estate
All transfers50 311100.0-0.62.2
Establishment of lease3301-18.5-1.5
Transfer of lease3 2596-0.5-5.3
Transfer of title total46 72293-0.52.8
Transfer of title, free market sale30 43061-0.1-4.5
Transfer of title, donation4 31498.591.3
Transfer of title, compulsory sale and eminent domain2260-0.9-3.0
Transfer of title, licensed and inheritance of decedent estate6 57313-8.2-2.7
Transfer of title, other and not specified5 179100.819.4
Property owned through a housing cooperative
Transfer of title total10 686100
Transfer of title, free market sale8 83283
Transfer of title, donation1511
Transfer of title, compulsory sale and eminent domain470
Transfer of title, licensed and inheritance of decedent estate1 10110
Transfer of title, other and not specified5555

See more tables on this subject

Table 1 
Registered transfers of real property

Registered transfers of real property
TransfersNotified amount (NOK million)1
3rd quarter 20143rd quarter 20153rd quarter 20163rd quarter 201723rd quarter 20143rd quarter 20153rd quarter 20163rd 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 country49 50450 24250 62950 311100 145108 526112 221121 650
Østfold2 4692 5802 4592 5433 9384 9714 8135 414
Akershus4 8325 0945 2994 89614 00816 40418 69119 258
Oslo4 3294 3334 4104 14817 31719 54420 59121 396
Hedmark2 1392 2732 3312 5762 4202 7703 0113 598
Oppland2 4882 4392 5732 6622 7652 9763 1763 634
Buskerud2 9202 9793 1253 0584 9706 0126 2116 739
Vestfold2 3252 3122 3552 5014 9284 9075 4336 338
Telemark1 7962 0741 9461 8672 3942 7842 7162 921
Aust-Agder1 4451 5041 5371 5042 1782 4352 4732 601
Vest-Agder2 1862 1492 0972 1254 0744 1134 0604 334
Rogaland4 0333 6243 4153 44110 4579 5288 0318 611
Hordaland4 7664 8364 7554 81910 02210 93910 40512 029
Sogn og Fjordane1 0631 0371 0131 0991 1961 1601 1611 436
Møre og Romsdal2 6352 6442 6302 4333 7883 7183 8643 952
Sør-Trøndelag3 1733 2633 4943 6326 8837 1088 1449 459
Nord-Trøndelag1 4581 3921 4321 3271 7161 8981 9501 810
Nordland2 8222 9672 9462 9163 1033 2773 2183 446
Troms - Romsa1 6981 7831 8641 9223 1352 8543 3663 776
Finnmark - Finnmárku9279599488428541 128908897

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

Registered transfers of real property, by type of property
3rd quarter 20143rd quarter 20153rd quarter 20163rd quarter 20171
1Preliminary figures.
All properties49 50452 97750 62950 144
Dwelling property total36 21336 80836 81736 624
Dwelling property with building34 84935 03235 53235 074
Dwelling property without building1 3641 7761 2851 550
Holiday property total7 7499 0678 4578 313
Holiday property with buildingl6 7567 8307 1986 979
Holiday property without building9931 2371 2591 334
Agricultural/forestry property total1 5922 1811 6041 574
Agricultural/forestry property with building1 3451 8241 3541 251
Agricultural/forestry property without building247357250323
Commercial/office property total680936758687
Commercial/office property with building625873712628
Commercial/office property without building55634659
Industrial property total499661493498
Industrial property with building407519413387
Industrial property without building9214280111
Communication purposes130175135105
Other2 2932 8882 1641 984
Not specified348261201359

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
3rd quarter 2017
All properties3303 25946 72230 4304 3142262 1664 4075 179
Dwelling property total411 74734 86924 7612 7841661 4102 8332 915
Dwelling property with building161 70533 35323 7432 6131591 3572 7412 740
Dwelling property without building25411 4841 01714075392175
Holiday property total1841 2896 8503 79595116441831816
Holiday property with buildingl1321 2425 6052 93681614401745693
Holiday property without building52431 23985912924086123
Agricultural/forestry property total5121 5585483394121336210
Agricultural/forestry property with building2121 237403307398273153
Agricultural/forestry property without building30320145311236357
Commercial/office property total883680294935073251
Commercial/office property with building673549266734562166
Commercial/office property without building245327205118
Industrial property total16434782581251016177
Industrial property with building7413391761151014123
Industrial property without building9110181100217
Communication purposes00105117110076
Other63631 85867917521115283585
Not specified1322324833701935150

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
3rd quarter 2017
The whole country23 74310 3641 9861 7658 1931 173262
Østfold1 2086261041182638215
Akershus3 0111 1862933251 0949617
Oslo2 132308161961 5094414
Hedmark97264871431356312
Oppland82052990261303015
Buskerud1 294660154813444411
Vestfold1 380736102684233714
Telemark618442431950613
Aust-Agder6032994026182542
Vest-Agder1 01643893893157110
Rogaland1 9808661442456437012
Hordaland2 7078821922251 2831169
Sogn og Fjordane363176274886215
Møre og Romsdal1 0925081516923610523
Sør-Trøndelag2 04261118417583916271
Nord-Trøndelag475323252959309
Nordland95660454462023911
Troms - Romsa8884004827364445
Finnmark - Finnmárku18612210103644

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

Transfers of holiday properties with building, free market sale. Preliminary figures
3rd 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 6776 2691 7052 9315 1311 7517461 1381 525
 
Østfold2114672 2151262742 176851932 273
Akershus and Oslo1253312 6451083052 82717251 487
Hedmark3384411 3052543121 228841291 540
Oppland3966381 6113255141 582711241 747
Buskerud3987381 8543086061 966901321 471
Vestfold1663902 3481173012 57649881 805
Telemark2545672 2341944762 45460911 523
Aust-Agder1874692 5061514192 77736491 368
Vest-Agder1844472 4321413642 58043841 945
Rogaland1642851 7371332271 71031581 856
Hordaland2494481 7992394211 76010272 728
Sogn og Fjordane941051 11887981 12977979
Møre og Romsdal1271521 1941191431 199891 115
Sør-Trøndelag2512961 1792202681 2203128891
Nord-Trøndelag1191231 03481881 0893835916
Nordland2392118821981809084131758
Troms - Romsa1081201 1071001121 12387904
Finnmark - Finnmárku674262130227463719520

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

Transfers of dwelling properties with building, free market sale. Preliminary figures
3rd 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 country24 70690 3523 65723 74387 5813 6899632 7712 878
 
Østfold1 3293 9262 9541 2083 5782 9621213492 884
Akershus3 06515 3345 0033 01115 0825 009542524 660
Oslo2 18413 9046 3662 13213 6116 384522945 650
Hedmark1 0022 3242 3199722 2592 32430652 171
Oppland8712 2022 5288202 0812 538511202 357
Buskerud1 3204 6663 5351 2944 5973 55326692 635
Vestfold1 4625 0353 4441 3804 7983 477822372 885
Telemark6701 6772 5036181 5552 515521222 355
Aust-Agder6351 7042 6836031 6422 72332621 936
Vest-Agder1 0313 1113 0171 0163 0763 02815352 315
Rogaland1 9946 9573 4891 9806 9243 49714342 401
Hordaland2 77210 0153 6132 7079 7853 615652303 537
Sogn og Fjordane4061 0982 7053639422 595431563 633
Møre og Romsdal1 1032 9672 6901 0922 9462 69811211 875
Sør-Trøndelag2 0837 8303 7592 0427 6703 756411593 883
Nord-Trøndelag5531 3842 5024751 2382 606781461 868
Nordland1 0292 5142 4439562 3682 477731461 994
Troms - Romsa8993 0473 3908883 0223 40311252 285
Finnmark - Finnmárku2986572 2061864062 1851122512 242

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)
3rd quarter 2017
The whole country10 68632 2563 634
Østfold665916165
Akershus7231 703197
Oslo3 24310 350757
Hedmark30038877
Oppland21533352
Buskerud465734120
Vestfold544737138
Telemark409409112
Aust-Agder675530
Vest-Agder22134666
Rogaland442763169
Hordaland1 09411 672271
Sogn og Fjordane627816
Møre og Romsdal23827675
Sør-Trøndelag9992 139289
Nord-Trøndelag20419679
Nordland410524177
Troms - Romsa280474161
Finnmark - Finnmárku10115525
Unknown481

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
3rd quarter 2017
The whole country8 820821361 1297 21875180
Østfold5213611239523
Akershus585101311844121
Oslo2 7814151132 625123
Hedmark225154417050
Oppland168884310504
Buskerud3681284529058
Vestfold434161110329743
Telemark3175169020213
Aust-Agder530074501
Vest-Agder192163115103
Rogaland3741076928323
Hordaland91741397782219
Sogn og Fjordane5201252600
Møre og Romsdal186022914663
Sør-Trøndelag84525516593593
Nord-Trøndelag171231514164
Nordland3133105223837
Troms - Romsa219015516201
Finnmark - Finnmárku9606305811
Unknown3100200

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)Total 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.
3rd quarter 2017
The whole country8 82022 1622 5132 9863382 851
Østfold5218921 7111593052 016
Akershus5851 6722 8581943313 189
Oslo2 78110 1113 6367632743 910
Hedmark2253691 639693081 947
Oppland1683201 904593512 255
Buskerud3687061 9191062872 206
Vestfold4347181 6541423271 981
Telemark3173961 2481103471 595
Aust-Agder5351971326031 574
Vest-Agder1923351 742683522 094
Rogaland3747421 9851734632 448
Hordaland9172 1382 3312773022 633
Sogn og Fjordane52761 470152881 758
Møre og Romsdal1862721 463733911 854
Sør-Trøndelag8452 0652 4442813332 777
Nord-Trøndelag1711931 1261136631 789
Nordland3134991 5961615142 110
Troms - Romsa2194462 0361526952 731
Finnmark - Finnmárku961551 616363761 992
Unknown382 52041 2153 735

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

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