Price index for existing dwellings, Q1 2007

Prices of detached houses increased by 6.8 per cent, while row houses and flats increased by 6.4 and 5.2 per cent respectively in the first quarter of 2007. The price growth varied between 6.7 and 5.9 per cent in the four geographic zones.

Strongest growth in Akershus last year

From the first quarter of 2006 to the first quarter of 2007, house prices increased by an average of 16.7 per cent in the country as a whole. Akershus excluding Bærum had the strongest growth in this period with 19.4 per cent.

Denmark increased the most

From the third quarter of 2005 to the third quarter of 2006, prices of detached houses increased by 13.5 per cent in Norway. In comparison, the corresponding figures in Denmark and Sweden were 19.2 and 12.0 per cent respectively.

A total of 14 709 sales are used in the calculation of the price index.

Tables:

• Table 1 House price index. All dwellings. 2000=100
• Table 2 House price index. All dwellings. Seasonally adjusted. 2000=100
• Table 3 House price index. Freeholder. 2000=100
• Table 4 House price index. Housing cooperative. 2000=100
• Table 6 International comparison. Prices of detached houses. Price change the last quarter and year