362830
/en/bygg-bolig-og-eiendom/statistikker/eiendomsoms/kvartal
362830
statistikk
2019-05-03T08:00:00.000Z
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
true

Transfer of properties

Updated

Next update

Key figures

51 275

transfers in the 1. quarter of 2019

Registered transfers of real property and properties owned through a housing cooperative. Preliminary figures
1st quarter 20191st quarter 2018 - 1st quarter 20191st quarter 2014 - 1st quarter 2019
 
All transfers51 27510.5
Real estates42 71411.5-0.7
Cooperative estates8 5616.0
 
Dwelling properties on the free market sale, total25 09810.1
Dwelling properties on owned site, free market sale17 90412.49.3
Dwelling properties on leased site, free market sale6150.3-29.6
Properties owned through a housing cooperative, free market sale6 5795.4
 
Holiday properties , free market sale, total2 4306.521.8
Holiday properties on owned site, free market sale1 8866.922.1
Holiday properties on leased site, free market sale5445.020.9

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 2019
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 51971 7923 87717 90470 0393 9126151 7522 849
 
Østfold1 2344 1023 3241 1273 7803 3541073223 010
Akershus2 54712 7214 9952 50812 5394 999391834 683
Oslo1 60211 6157 2501 56911 4287 283331885 685
Hedmark6521 6592 5456391 6352 55813251 886
Oppland6791 8342 7016551 7652 69524692 880
Buskerud1 1194 1433 7031 0904 0693 73329742 559
Vestfold1 0243 6413 5569783 5093 588461322 865
Telemark4921 3432 7294581 2732 78034692 041
Aust-Agder4661 0942 3474451 0552 37121391 837
Vest-Agder8442 7813 2968312 7403 29713423 227
Rogaland1 9346 8713 5531 9286 8603 5586111 790
Hordaland1 7876 4323 6001 7496 3123 609381213 183
Sogn og Fjordane2586662 5812516502 5907162 260
Møre og Romsdal7782 1192 7247722 1052 7276142 313
Trøndelag1 5485 5213 5671 4875 3823 619611392 283
Nordland7632 3233 0447302 2523 08533712 142
Troms - Romsa5682 4064 2365612 3904 2607162 329
Finnmark - Finnmárku2245192 3171262972 353982232 271

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 2019
The whole country6 57916 3562 4862 3003502 836
Østfold4047501 8571393452 202
Akershus4931 4392 9181342723 190
Oslo2 0337 1853 5345602753 809
Hedmark1522971 952563712 323
Oppland1032082 018333172 335
Buskerud3106141 9821053392 321
Vestfold3185751 8091173692 178
Telemark3324941 4891213631 852
Aust-Agder33351 057237031 760
Vest-Agder1502361 574604031 977
Rogaland3466521 8831584552 338
Hordaland6021 3312 2111792972 508
Sogn og Fjordane45731 612173761 988
Møre og Romsdal1251771 413524181 831
Trøndelag5911 2502 1152203722 487
Nordland2875882 0491585512 600
Troms - Romsa2264041 7871566912 478
Finnmark - Finnmárku29481 657113832 040
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 2019
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 4304 5841 8861 8863 6351 9275449491 744
 
Østfold701311 86750891 77220422 103
Akershus and Oslo571192 093551182 15121475
Hedmark2835511 9471793101 7331042412 316
Oppland3518012 2822876362 214641652 585
Buskerud3618462 3442847122 509771341 738
Vestfold45791 76132662 06613131 011
Telemark2304601 9991793892 17451711 386
Aust-Agder1162321 997932002 15023321 374
Vest-Agder1373182 323912212 42946972 113
Rogaland901291 42861871 42629421 433
Hordaland1873531 8901763331 89511201 814
Sogn og Fjordane48691 43346661 430231 505
Møre og Romsdal781141 463741111 50343708
Trøndelag2182311 0611451691 1657362854
Nordland908796677779951310797
Troms - Romsa41399613937944231 300
Finnmark - Finnmárku2824865181476010111 053

Table 4 
Registered transfers of real property

Registered transfers of real property
TransfersNotified amount (NOK million)
1st quarter 20161st quarter 20171st quarter 20181st quarter 201911st quarter 20161st quarter 20171st quarter 20181st quarter 20191
1Preliminary figures.
The whole country39 32442 00738 31942 71478 62289 93689 312103 150
 
Østfold1 9262 0721 8792 3093 8494 1614 1195 426
Akershus3 6404 1024 3804 41010 95114 06616 93416 265
Oslo3 1933 4653 1383 32114 37617 64415 28017 867
Hedmark1 9002 0311 8972 0882 3432 4122 8823 097
Oppland2 1702 3811 9842 4452 5523 0882 8933 679
Buskerud2 4822 8212 4182 8524 6285 5515 2096 902
Vestfold1 7671 7741 5511 9243 8004 2243 5884 730
Telemark1 5861 6511 4521 6612 0302 3172 2402 511
Aust-Agder1 1441 2621 0431 3011 3901 6831 5811 859
Vest-Agder1 6621 8471 4581 9202 7513 1512 6213 870
Rogaland3 0223 1932 9803 4956 5327 1587 2268 827
Hordaland3 9563 9483 5703 8338 8738 2028 2698 906
Sogn og Fjordane8949138939737779781 0081 092
Møre og Romsdal2 2212 2092 0602 0633 0022 8242 9152 970
Trøndelag003 4683 780007 0548 075
Sør-Trøndelag (-2017)2 4392 652004 4395 78000
Nord-Trøndelag (-2017)1 1671 259001 5871 57300
Nordland2 1232 2502 1822 2352 1892 3122 7623 366
Troms - Romsa1 3011 4101 2641 4131 9592 2122 0932 965
Finnmark - Finnmárku731767702691594601638745

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

Registered transfers of real property, by type of property
1st quarter 20161st quarter 20171st quarter 20181st quarter 20191
1Preliminary figures.
All properties39 32442 00738 31942 714
Dwelling property total26 71928 44826 90829 727
Dwelling property with building25 22026 83125 53628 362
Dwelling property without building1 4991 6171 3721 365
Holiday property total6 5357 1595 9556 557
Holiday property with buildingl5 4285 8094 8145 366
Holiday property without building1 1071 3501 1411 191
Agricultural/forestry property total1 8771 9621 8192 000
Agricultural/forestry property with building1 6001 5811 4871 602
Agricultural/forestry property without building277381332398
Commercial/office property total852848839899
Commercial/office property with building798774696829
Commercial/office property without building547414370
Industrial property total599639552680
Industrial property with building455504392541
Industrial property without building144135160139
Communication purposes157145118174
Other2 3812 5441 9572 225
Not specified204262171452

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