326910
/en/bygg-bolig-og-eiendom/statistikker/eiendomsoms/kvartal
326910
statistikk
2018-04-27T08:00:00.000Z
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

38 281

transfers of properties in the 1st quarter of 2018

Registered transfers of real property and property owned through a housing ccoperative. Preliminary figures
1st quarter 20181st quarter 2018Change in per centChange in per cent
TransfersShare1st quarter 2017 - 1st quarter 20181st quarter 2013 - 1st quarter 2018
Real estate
All transfers38 281100.0-8.9-5.3
Establishment of lease3721-18.4-5.1
Transfer of lease2 2976-14.6-15.6
Transfer of title total35 61293-8.4-4.6
Transfer of title, free market sale21 05155-5.1-9.9
Transfer of title, donation3 65710-6.453.1
Transfer of title, compulsory sale and eminent domain263111.011.9
Transfer of title, licensed and inheritance of decedent estate5 87515-12.2-4.9
Transfer of title, other and not specified4 76612-18.5-7.5
Property owned through a housing cooperative
Transfer of title total8 075100
Transfer of title, free market sale6 25177
Transfer of title, donation1302
Transfer of title, compulsory sale and eminent domain451
Transfer of title, licensed and inheritance of decedent estate1 13114
Transfer of title, other and not specified5186

See more tables on this subject

Table 1 
Registered transfers of real property

Registered transfers of real property
TransfersNotified amount (NOK million)
1st quarter 20151st quarter 20161st quarter 20171st quarter 20181st quarter 20151st quarter 20161st quarter 20171st quarter 2018
The whole country43 01139 32442 00738 28185 47178 62289 93689 254
 
Østfold2 0741 9262 0721 8753 4663 8494 1614 118
Akershus4 3353 6404 1024 37514 19910 95114 06616 915
Oslo3 5353 1933 4653 13614 03514 37617 64415 273
Hedmark1 9081 9002 0311 8952 3362 3432 4122 882
Oppland2 1652 1702 3811 9802 3332 5523 0882 887
Buskerud2 5612 4822 8212 4184 7384 6285 5515 209
Vestfold1 9421 7671 7741 5473 7343 8004 2243 580
Telemark1 6401 5861 6511 4502 0342 0302 3172 231
Aust-Agder1 2701 1441 2621 0431 7811 3901 6831 581
Vest-Agder1 7731 6621 8471 4572 9662 7513 1512 618
Rogaland4 0033 0223 1932 97610 6886 5327 1587 207
Hordaland4 0673 9563 9483 5657 9218 8738 2028 278
Sogn og Fjordane9308949138939337779781 008
Møre og Romsdal2 3462 2212 2092 0593 0523 0022 8242 915
Trøndelag0003 4660007 057
Sør-Trøndelag (-2017)2 4422 4392 65204 6804 4395 7800
Nord-Trøndelag (-2017)1 2391 1671 25901 6121 5871 5730
Nordland2 4422 1232 2502 1822 1122 1892 3122 765
Troms - Romsa1 5931 3011 4101 2622 2321 9592 2122 093
Finnmark - Finnmárku746731767702619594601638

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

Registered transfers of real property, by type of property
1st quarter 20151st quarter 20161st quarter 20171st quarter 20181
1Preliminary figures.
All properties43 01139 32442 00738 281
Dwelling property total30 08026 71928 44826 832
Dwelling property with building28 59625 22026 83125 517
Dwelling property without building1 4841 4991 6171 315
Holiday property total6 5186 5357 1595 901
Holiday property with buildingl5 4355 4285 8094 792
Holiday property without building1 0831 1071 3501 109
Agricultural/forestry property total1 9291 8771 9621 827
Agricultural/forestry property with building1 6241 6001 5811 492
Agricultural/forestry property without building305277381335
Commercial/office property total933852848833
Commercial/office property with building849798774691
Commercial/office property without building845474142
Industrial property total624599639552
Industrial property with building497455504392
Industrial property without building127144135160
Communication purposes199157145115
Other2 3142 3812 5441 810
Not specified414204262411

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
1st quarter 2018
All properties3722 29735 61221 0513 6572631 9333 9424 766
Dwelling property total471 16525 62016 7912 1961831 3162 6372 497
Dwelling property with building261 15324 33815 9352 0101741 2912 5712 357
Dwelling property without building21121 28285618692566140
Holiday property total1688954 8382 46864229338667694
Holiday property with buildingl1178523 8231 76153326300589614
Holiday property without building51431 0157071093387880
Agricultural/forestry property total6131 80848363013126308248
Agricultural/forestry property with building3121 47734059110101256179
Agricultural/forestry property without building31331143393255269
Commercial/office property total996728324742853312
Commercial/office property with building789595285642748225
Commercial/office property without building2713339101587
Industrial property total16424942531651322185
Industrial property with building8353491721651018128
Industrial property without building8714581003457
Communication purposes1211216420090
Other112661 63262212622100205557
Not specified1318380943651250183

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
1st quarter 2018
The whole country15 9356 3991 4591 4365 641855145
Østfold83742955901925714
Akershus2 6648742753451 0876617
Oslo1 427244113105932285
Hedmark5893364837103596
Oppland479286502098196
Buskerud85938812169245288
Vestfold7443637243232295
Telemark408271301859255
Aust-Agder339194322565212
Vest-Agder5602095969163528
Rogaland1 604659102180572847
Hordaland1 70049213619374811714
Sogn og Fjordane256110222475178
Møre og Romsdal76630612556177966
Trøndelag1 4385881101125109820
Sør-Trøndelag (-2017)0000000
Nord-Trøndelag (-2017)0000000
Nordland6493545036171299
Troms - Romsa4902194812180265
Finnmark - Finnmárku126771123240

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

Transfers of holiday properties with building, free market sale. Preliminary figures
1st 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 country2 2764 2471 8661 7613 4041 9335158431 636
 
Østfold551021 85436621 72219402 103
Akershus and Oslo531372 586521372 63110250
Hedmark2464681 9001813571 975651101 693
Oppland3267212 2112515612 234751602 135
Buskerud3477342 1162525712 267951631 715
Vestfold36782 16823602 62913181 352
Telemark2044312 1131603702 31344611 386
Aust-Agder931771 902631262 00830501 681
Vest-Agder1333212 412852112 483481102 287
Rogaland841361 62158921 59026441 688
Hordaland1703131 8401572921 85813211 610
Sogn og Fjordane40451 13539441 139111 000
Møre og Romsdal1051171 111991121 12865835
Trøndelag1902441 2841612131 32429311 062
Sør-Trøndelag (-2017)000000000
Nord-Trøndelag (-2017)000000000
Nordland1061411 334891311 4761710589
Troms - Romsa51561 10543511 17586733
Finnmark - Finnmárku372669012131 0462513520

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

Transfers of dwelling properties with building, free market sale. Preliminary figures
1st 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 country16 54861 5843 72215 93559 9563 7636131 6272 654
 
Østfold9392 9313 1218372 6523 1681022792 737
Akershus2 69113 2934 9402 66413 1874 950271063 928
Oslo1 4649 7826 6821 4279 5876 718371955 274
Hedmark6071 6592 7345891 6282 76418311 744
Oppland5031 2052 3954791 1572 41624471 977
Buskerud8823 1023 5178593 0453 54423572 489
Vestfold8022 6033 2467442 4583 304581452 494
Telemark4321 2432 8764081 1952 92924481 991
Aust-Agder3578662 4253398352 46318311 696
Vest-Agder5671 5362 7095601 5202 7157162 244
Rogaland1 6125 6703 5171 6045 6323 5118384 700
Hordaland1 7405 9103 3971 7005 7883 404401223 062
Sogn og Fjordane2686622 4722566282 45412342 863
Møre og Romsdal7752 1672 7967662 1502 8079171 911
Trøndelag1 5125 1073 3781 4384 9183 420741892 555
Sør-Trøndelag (-2017)000000000
Nord-Trøndelag (-2017)000000000
Nordland7041 8582 6406491 7372 676551222 214
Troms - Romsa4971 5633 1454901 5443 1517192 725
Finnmark - Finnmárku1964262 1751262962 347701311 865

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)
1st quarter 2018
The whole country8 07515 9602 824
Østfold508668131
Akershus5771 299140
Oslo2 5197 435565
Hedmark24630976
Oppland12115931
Buskerud424616133
Vestfold382477121
Telemark385389101
Aust-Agder413221
Vest-Agder15522347
Rogaland354585147
Hordaland7341 346191
Sogn og Fjordane567415
Møre og Romsdal18821646
Trøndelag7641 223238
Sør-Trøndelag (-2017)000
Nord-Trøndelag (-2017)000
Nordland388549153
Troms - Romsa186299123
Finnmark - Finnmárku465915

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
1st quarter 2018
The whole country6 24259857795 16445110
Østfold3742484270410
Akershus4467166834348
Oslo2 08818821 983212
Hedmark177153713400
Oppland8273175500
Buskerud3101054324543
Vestfold274844421422
Telemark274655120534
Aust-Agder290012611
Vest-Agder12216149812
Rogaland279456120306
Hordaland563258745478
Sogn og Fjordane4303211900
Møre og Romsdal13814319912
Trøndelag58065564531347
Sør-Trøndelag (-2017)0000000
Nord-Trøndelag (-2017)0000000
Nordland292254423731
Troms - Romsa137112410803
Finnmark - Finnmárku3401141801
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.
1st quarter 2018
The whole country6 24215 3742 4632 1183392 802
Østfold3746491 7361102932 029
Akershus4461 2492 8001302923 092
Oslo2 0887 2253 4605272533 713
Hedmark1773001 697683822 079
Oppland821561 908232802 188
Buskerud3105861 8921143672 259
Vestfold2744541 6581164232 081
Telemark2743701 352983571 709
Aust-Agder29311 066227421 808
Vest-Agder1222171 780413332 113
Rogaland2795632 0181314702 488
Hordaland5631 2702 2571662952 552
Sogn og Fjordane43641 498143261 824
Møre og Romsdal1382071 499423031 802
Trøndelag5801 1602 0002374092 409
Sør-Trøndelag (-2017)000000
Nord-Trøndelag (-2017)000000
Nordland2925331 8271575392 366
Troms - Romsa1372792 0381138222 860
Finnmark - Finnmárku34581 711103032 014
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