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/en/bygg-bolig-og-eiendom/statistikker/eiendomsoms/kvartal
227666
Strong decrease in sales of dwellings
statistikk
2016-04-29T10:00:00.000Z
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
false
Transfer of properties. Strong decrease in sales of dwellings.

Transfer of properties, Q1 2016, preliminary figures

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Strong decrease in sales of dwellings

Registered transfers of dwellings decreased by 20 per cent from the first quarter of 2015 to the first quarter of 2016. The number of holiday homes increased by 6 per cent in the same period.

Registered transfers of real property. Preliminary figuresPublished 29 April 2016
1st quarter 2016Change in per cent
TransfersShare1st quarter 2015 - 1st quarter 20161st quarter 2011 - 1st quarter 2016
All transfers39 302100.0-8.63.3
Establishment of lease3861-11.9-13.6
Transfer of lease2 5266-11.8-2.3
Transfer of title total36 39093-8.44.0
Transfer of title, free market sale20 95853-14.9-0.6
Transfer of title, donation3 586938.945.5
Transfer of title, compulsory sale and eminent domain2481-14.8-8.8
Transfer of title, licensed and inheritance of decedent estate6 18716-7.21.8
Transfer of title, other and not specified5 41114-2.25.8

Source: Statistics Norway

A total of 39 300 transfers of real property were registered in the first quarter of 2016; a decrease of 9 per cent compared with the first quarter of 2015. The aggregated value of the transferred properties amounted to NOK 78.6 billion; a decrease of 8 per cent compared with the same quarter of 2015.

Marked decline in transfers of dwellings

In total, 15 900 dwellings were sold on the free market in the first quarter of 2016; a decrease of 20 per cent compared with the same quarter in 2015. There was a decline in all counties, but the decline was strongest in Oslo, Akershus and Rogaland. The highest average price per dwelling transfer in the first quarter of 2016 was recorded in Oslo at NOK 5.9 million.

More transfers of holiday homes

In the first quarter of 2016, a total of 2 600 holiday homes were sold on the free market. This is an increase of 6 per cent. Almost 2 000 of these were holiday homes on an owned site, while 600 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 1.7 million for holiday homes on a leased site.

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.