326935
/en/bygg-bolig-og-eiendom/statistikker/eiendomsoms/kvartal
326935
statistikk
2018-08-16T08:00:00.000Z
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

Updated

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Key figures

47 400

transfer of properties in the 2. quarter of 2018

Registered transfers of real property and property owned through a housing ccoperative. Preliminary figures
2nd quarter 20182nd quarter 2018Change in per centChange in per cent
TransfersShare2nd quarter 2017 - 2nd quarter 20182nd quarter 2013 - 2nd quarter 2018
Real estate
All transfers47 409100.0-0.74.4
Establishment of lease3511-4.4-1.1
Transfer of lease2 8516-2.0-8.4
Transfer of title total44 20793-0.65.4
Transfer of title, free market sale27 60958-1.41.9
Transfer of title, donation3 8778-3.172.9
Transfer of title, compulsory sale and eminent domain25115.57.3
Transfer of title, licensed and inheritance of decedent estate7 292152.90.1
Transfer of title, other and not specified5 178110.91.9
Property owned through a housing cooperative
Transfer of title total10 3771002.2
Transfer of title, free market sale8 187791.9
Transfer of title, donation1141-20.8
Transfer of title, compulsory sale and eminent domain49028.9
Transfer of title, licensed and inheritance of decedent estate1 4651410.2
Transfer of title, other and not specified5625-8.0

See more tables on this subject

Table 1 
Registered transfers of real property

Registered transfers of real property
TransfersNotified amount (NOK million)
2nd quarter 20152nd quarter 20162nd quarter 20172nd quarter 20182nd quarter 20152nd quarter 20162nd quarter 20172nd quarter 2018
The whole country48 35448 40947 74447 409101 413101 716112 693113 404
 
Østfold2 4532 5302 5312 5774 4824 7335 3705 800
Akershus4 7424 9365 2985 15714 13116 42220 07219 119
Oslo4 2924 0883 9923 79718 51917 99920 44619 607
Hedmark2 1502 2332 1672 1862 7013 0183 4793 108
Oppland2 3352 4522 2762 2892 7813 1152 9483 320
Buskerud2 8182 9602 9253 0504 6925 2965 8496 613
Vestfold2 3332 3302 2192 1814 7625 5045 4585 414
Telemark1 8661 8871 9431 8472 3482 4683 0162 719
Aust-Agder1 5241 4661 3871 3702 4172 1772 0742 311
Vest-Agder2 0022 0672 0781 8423 7223 6473 8763 909
Rogaland4 2673 5003 5673 62313 2557 6438 6298 785
Hordaland4 7384 8114 3724 4539 24310 10110 40810 474
Sogn og Fjordane9269091 0721 0028249101 4571 283
Møre og Romsdal2 6032 6202 4402 4853 5053 7133 6413 759
Trøndelag0004 58100010 216
Sør-Trøndelag (-2017)3 0453 1753 24606 4646 8737 8700
Nord-Trøndelag (-2017)1 2521 3001 31101 4841 7821 7640
Nordland2 5432 5862 5412 5902 5382 7472 8723 095
Troms - Romsa1 6731 7001 6141 5652 8582 7972 6962 894
Finnmark - Finnmárku792859765814688773765977

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

Registered transfers of real property, by type of property
2nd quarter 20152nd quarter 20162nd quarter 20172nd quarter 20181
1Preliminary figures.
All properties48 35448 40947 74447 409
Dwelling property total34 83034 43134 47834 630
Dwelling property with building33 14132 87932 87933 175
Dwelling property without building1 6891 5521 5991 455
Holiday property total7 4827 9077 5647 212
Holiday property with buildingl6 2546 5796 1585 965
Holiday property without building1 2281 3281 4061 247
Agricultural/forestry property total1 5901 7011 7041 567
Agricultural/forestry property with building1 3011 4241 3631 234
Agricultural/forestry property without building289277341333
Commercial/office property total771811782762
Commercial/office property with building724741656648
Commercial/office property without building4770126114
Industrial property total661657541512
Industrial property with building510493371385
Industrial property without building151164170127
Communication purposes14617417599
Other2 5652 5362 0972 011
Not specified309192403616

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 2018
All properties3512 85144 20727 6093 8772512 5224 7705 178
Dwelling property total331 49333 10422 4382 6611931 7563 2582 798
Dwelling property with building131 47731 68521 4382 4831881 7133 1912 672
Dwelling property without building20161 4191 00017854367126
Holiday property total2181 1255 8693 28267717430788675
Holiday property with buildingl1531 0834 7292 46156315393716581
Holiday property without building65421 1408211142377294
Agricultural/forestry property total7121 54845535813132350240
Agricultural/forestry property with building1121 22132333511105288159
Agricultural/forestry property without building60327132232276281
Commercial/office property total5776803211075160231
Commercial/office property with building171576282874754178
Commercial/office property without building4610439204653
Industrial property total16344622261032228173
Industrial property with building8303471611032126126
Industrial property without building8411565001247
Communication purposes01989260081
Other61891 86168213211109256671
Not specified11205851962712230309

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 2018
The whole country21 4388 2991 8851 6748 2471 128205
Østfold1 26160111884369818
Akershus3 0928923013451 4399619
Oslo1 739229135971 240317
Hedmark77644271421367114
Oppland63137571381181910
Buskerud1 20553713390398434
Vestfold1 173552104753874510
Telemark583407521676257
Aust-Agder58028538301783811
Vest-Agder8333298887268565
Rogaland1 985838145264641943
Hordaland2 3046821882081 09212212
Sogn og Fjordane314136322985248
Møre og Romsdal1 0364341418025711410
Trøndelag2 2616871541161 07017361
Sør-Trøndelag (-2017)0000000
Nord-Trøndelag (-2017)0000000
Nordland7904976339143426
Troms - Romsa6952834327284517
Finnmark - Finnmárku18093876633

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 2018
Transfers, totalTotal purchase price (NOK million)Purchase price per transfer (NOK 1 000)Transfers of titleTotal purchase price, transfer of title (NOK million)Purchase price per transfer of title (NOK 1 000)Transfers of leasesTotal purchase price on transfer of lease (NOK million)Purchase price, transfer of lease (NOK 1 000)
The whole country3 0906 0241 9502 4614 9532 0136291 0711 703
 
Østfold1433602 514822122 580611482 425
Akershus and Oslo641722 682581612 7786111 755
Hedmark2604401 6931893231 711711171 646
Oppland3447932 3052826002 128621933 111
Buskerud3928812 2483257902 43067921 367
Vestfold882432 759491613 27939822 106
Telemark2645372 0342144542 12350831 655
Aust-Agder1453512 4211183232 74127281 020
Vest-Agder1573842 4451233072 49834772 253
Rogaland1352691 991991982 00536701 953
Hordaland2976692 2532876522 27210171 715
Sogn og Fjordane55771 40252751 43533833
Møre og Romsdal1321531 1631171341 14815191 276
Trøndelag3043831 2602413171 31663661 043
Sør-Trøndelag (-2017)000000000
Nord-Trøndelag (-2017)000000000
Nordland1731821 0541381531 1103529835
Troms - Romsa71771 09166751 14052454
Finnmark - Finnmárku665379721177964536798

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 2018
Transfers, totalTotal purchase price (NOK million)Purchase price per transfer (NOK 1 000)Transfers of titleTotal purchase price, transfer of title (NOK million)Purchase price per transfer of title (NOK 1 000)Transfers of leasesTotal purchase price on transfer of lease (NOK million)Purchase price, transfer of lease (NOK 1 000)
The whole country22 18481 4593 67221 43879 1383 6917462 3213 111
 
Østfold1 3534 3613 2231 2614 1013 252922612 832
Akershus3 13315 0844 8153 09214 8994 819411854 522
Oslo1 78011 6036 5191 73911 4016 556412034 944
Hedmark7921 9452 4567761 9142 46716311 944
Oppland6531 6332 5016311 5852 51222482 171
Buskerud1 2304 4123 5871 2054 3433 60425692 754
Vestfold1 2644 2413 3551 1733 9933 404912492 731
Telemark6221 5782 5375831 4852 54839932 375
Aust-Agder6031 5552 5795801 5152 61223401 752
Vest-Agder8552 7643 2338332 6733 20922914 142
Rogaland2 0016 9813 4891 9856 9393 49616422 632
Hordaland2 3548 1913 4802 3048 0243 482501673 346
Sogn og Fjordane3328462 5493148052 56518412 275
Møre og Romsdal1 0472 8402 7131 0362 8172 71911242 156
Trøndelag2 3488 3303 5482 2617 9263 506874044 640
Sør-Trøndelag (-2017)000000000
Nord-Trøndelag (-2017)000000000
Nordland8562 1662 5307902 0242 562661412 143
Troms - Romsa7022 2793 2466952 2293 2087497 069
Finnmark - Finnmárku2596492 5071804662 588791832 322

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 2018
The whole country10 37720 6393 530
Østfold632870169
Akershus7341 701188
Oslo3 2349 261712
Hedmark30039674
Oppland17624635
Buskerud489770134
Vestfold615782174
Telemark451462129
Aust-Agder729232
Vest-Agder25236276
Rogaland483749172
Hordaland9221 748227
Sogn og Fjordane597720
Møre og Romsdal20922661
Trøndelag1 0101 825281
Sør-Trøndelag (-2017)000
Nord-Trøndelag (-2017)000
Nordland431581169
Troms - Romsa249399147
Finnmark - Finnmárku589318

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 2018
The whole country8 172581147916 090171948
Østfold47733693052572
Akershus56271494370374
Oslo2 69456852 42013165
Hedmark219054814998
Oppland131522975218
Buskerud36291055217764
Vestfold450415633221333
Telemark351314462182545
Aust-Agder571444503
Vest-Agder1983117127644
Rogaland3783451232484
Hordaland73446645571291
Sogn og Fjordane4203142140
Møre og Romsdal1480317891128
Trøndelag814576459927112
Sør-Trøndelag (-2017)0000000
Nord-Trøndelag (-2017)0000000
Nordland31341432202457
Troms - Romsa1972228115644
Finnmark - Finnmárku4501112706
Unknown0000000

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.
2nd quarter 2018
The whole country8 17219 9082 4362 7373352 771
Østfold4778411 7631493112 074
Akershus5621 6362 9121803203 232
Oslo2 6948 9903 3377342723 609
Hedmark2193841 753642932 046
Oppland1312401 831342612 092
Buskerud3627402 0441082992 343
Vestfold4507621 6921663692 061
Telemark3514511 2861313731 659
Aust-Agder57911 603376562 259
Vest-Agder1983461 745733702 115
Rogaland3787311 9331624292 362
Hordaland7341 6612 2632192982 561
Sogn og Fjordane42691 652163872 039
Møre og Romsdal1482191 481523511 832
Trøndelag8141 7182 1102953622 472
Sør-Trøndelag (-2017)000000
Nord-Trøndelag (-2017)000000
Nordland3135511 7601564992 259
Troms - Romsa1973942 0001457372 737
Finnmark - Finnmárku45851 878153242 202
Unknown000000

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 Housing, Property, Spatial and Agricultural 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