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This is an archived release.
More sales of holiday homes
In the third quarter of 2015, the number of transfers of holiday homes increased by 14 per cent compared with the corresponding quarter in the previous year. The number of dwellings transferred decreased by 2 per cent.
| 3rd quarter 2015 | Change in per cent | |||
|---|---|---|---|---|
| Transfers | Share | 3rd quarter 2014 - 3rd quarter 2015 | 3rd quarter 2010 - 3rd quarter 2015 | |
| All transfers | 50 207 | 100.0 | 1.4 | 8.1 |
| Establishment of lease | 363 | 1 | 1.1 | -1.9 |
| Transfer of lease | 3 363 | 7 | 3.6 | -6.1 |
| Transfer of title total | 46 481 | 93 | 1.3 | 9.4 |
| Transfer of title, free market sale | 31 084 | 62 | 1.5 | 9.0 |
| Transfer of title, donation | 3 462 | 7 | 52.6 | 64.9 |
| Transfer of title, compulsory sale and eminent domain | 250 | 0 | 5.9 | -9.1 |
| Transfer of title, licensed and inheritance of decedent estate | 6 855 | 14 | -3.9 | 1.4 |
| Transfer of title, other and not specified | 4 830 | 10 | -14.3 | -0.6 |
A total of 50 200 transfers of real property were registered in the third quarter of 2015. The aggregated value of the transferred properties amounted to NOK 108.5 billion; an increase of NOK 8.4 billion from the same quarter of 2014.
More transfers of holiday homes
In the third quarter of 2015, a total of 3 800 holiday homes were sold on the free market. This is an increase of 14 per cent. Almost 3 000 of these were holiday homes on an owned site, while 810 were transfers of holiday homes on a leased site. The average price per transfer was NOK 1.6 million for holiday homes on an owned site, and NOK 1.5 million for holiday homes on a leased site.
Small decrease in transfers of dwelling
In total, 25 200 dwellings were sold on the free market in the third quarter of 2015; a decrease of 2 per cent compared with the same quarter in 2014. The highest average price per dwelling transfer in the third quarter of 2015 was recorded in Oslo at NOK 5.2 million.
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
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Terje Olav Rundtom
E-mail: terje.olav.rundtom@ssb.no
tel.: (+47) 91 38 60 61