397870
/en/bygg-bolig-og-eiendom/statistikker/eiendomsoms/kvartal
397870
statistikk
2020-04-30T08:00:00.000Z
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

Next update

Key figures

50 444

transfer of properties in the 1. quarter of 2020

Registered transfers of real property and properties owned through a housing cooperative. Preliminary figures
1st quarter 20201st quarter 2019 - 1st quarter 20201st quarter 2015 - 1st quarter 2020
 
All transfers50 444-1.7
Real estates41 707-2.46.1
Cooperative estates8 7372.1
 
Dwelling properties on the free market sale, total24 870-0.9
Dwelling properties on owned site, free market sale17 367-3.0-8.1
Dwelling properties on leased site, free market sale69112.4-23.1
Properties owned through a housing cooperative, free market sale6 8123.5
 
Holiday properties , free market sale, total2 71110.811.9
Holiday properties on owned site, free market sale2 0769.114.7
Holiday properties on leased site, free market sale63516.73.8

See selected tables from this statistics

Table 1 
Transfers of dwelling properties with building, free market sale. Preliminary figures

Transfers of dwelling properties with building, free market sale. Preliminary figures
1st quarter 2020
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 country18 05871 9663 98517 36769 8644 0236912 1023 042
 
Viken4 46820 6934 6314 30020 1314 6821685613 342
Oslo1 90713 6067 1351 84513 2407 176623675 911
Innlandet1 2083 0412 5171 1752 9582 51733832 521
Vestfold og Telemark1 4425 0483 5011 3444 7423 528983063 125
Agder1 1423 1532 7611 1003 0562 77842972 306
Rogaland1 9226 7163 4941 9186 7043 4954123 004
Vestland1 9686 8423 4761 9206 6843 481481573 277
Møre og Romsdal8342 2932 7508192 2582 75815352 316
Trøndelag - Trööndelage1 7195 8973 4301 6535 7433 474661542 335
Nordland7231 9262 6646711 8322 73052941 809
Troms og Finnmark - Romsa ja Finnmárku7252 7513 7956222 5164 0451032352 285

Table 2 
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 2020
The whole country6 81217 6272 5882 4653622 950
Viken1 2042 8882 3983713082 706
Oslo2 2478 2953 6917203214 012
Innlandet3025591 850973232 173
Vestfold og Telemark6381 0741 6842523942 078
Agder1712831 654603532 007
Rogaland3386571 9441765212 465
Vestland6121 3872 2671822982 565
Møre og Romsdal1501941 295513421 637
Trøndelag - Trööndelage5971 2392 0752303862 461
Nordland2885351 8581605562 414
Troms og Finnmark - Romsa ja Finnmárku2655171 9511656212 572
Unknown000000

Table 3 
Transfers of holiday properties with building, free market sale. Preliminary figures

Transfers of holiday properties with building, free market sale. Preliminary figures
1st quarter 2020
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 7115 8502 1582 0764 6982 2636351 1521 814
 
Oslo and Viken6521 7462 6785111 4752 8861412711 925
Innlandet6761 5312 2654841 1042 2801924272 226
Vestfold og Telemark3037572 4982406392 664631171 864
Agder2475582 2581654062 460821521 851
Rogaland1021721 684691091 58333631 895
Vestland2374501 8972264261 88611232 128
Møre og Romsdal881351 537831321 58754720
Trøndelag - Trööndelage2203121 4201652581 5625555992
Nordland1051061 00682901 1002315674
Troms og Finnmark - Romsa ja Finnmárku81831 02751591 1563024808

Table 4 
Registered transfers of real property

Registered transfers of real property
TransfersNotified amount (NOK million)
1st quarter 202011st quarter 20201
1Preliminary figures.
The whole country41 707104 181
Viken9 12328 824
Oslo3 78720 477
Innlandet4 3226 598
Vestfold og Telemark3 3777 471
Agder2 8544 820
Rogaland3 4958 732
Vestland4 5509 434
Møre og Romsdal2 1333 230
Trøndelag - Trööndelage3 7898 084
Nordland2 2132 946
Troms og Finnmark - Romsa ja Finnmárku2 0643 565

Table 5 
Registered transfers of real property, by type of property

Registered transfers of real property, by type of property
1st quarter 20171st quarter 20181st quarter 20191st quarter 20201
1Preliminary figures.
All properties42 00738 31942 74141 707
Dwelling property total28 44826 90829 79629 131
Dwelling property with building26 83125 53628 35827 954
Dwelling property without building1 6171 3721 4381 177
Holiday property total7 1595 9556 5866 689
Holiday property with buildingl5 8094 8145 3855 690
Holiday property without building1 3501 1411 201999
Agricultural/forestry property total1 9621 8192 0351 760
Agricultural/forestry property with building1 5811 4871 6321 415
Agricultural/forestry property without building381332403345
Commercial/office property total8488399041 024
Commercial/office property with building774696833975
Commercial/office property without building741437149
Industrial property total639552680672
Industrial property with building504392541556
Industrial property without building135160139116
Communication purposes14511818189
Other2 5441 9572 3721 960
Not specified262171187382

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