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House prices down 0.5 per cent
statistikk
2010-10-22T10:00:00.000Z
Prices and price indices;Construction, housing and property
en
bpi, Price index for existing dwellings, price development, house prices, detached houses, town houses, blocks of flats, housing cooperatives, homeowner, price per square metre, house salesDwelling and housing conditions , House prices and house price indices , Construction, housing and property, Prices and price indices
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Price index for existing dwellings, Q3 2010

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House prices down 0.5 per cent

Houses prices decreased on average by 0.5 per cent from the second to the third quarter of 2010, but were still 6.7 per cent higher than a year ago.

House price index by house type. 1st quarter 1992 = 100

House price index for detached houses in Norway, Sweden and Denmark. 1st quarter 1992 = 100

Detached houses decreased in value by 1.7 per cent, while row houses and flats in blocks increased by 0.8 and 1.4 per cent respectively from the second to the third quarter this year.

House prices increased in the large cities during the last quarter, except Bergen, where the prices fell by 0.7 per cent. The sharpest rise was in Trondheim, where house prices increased by 2.8 per cent on average. The other regions had a decline in prices last quarter.

House price index. Change in per cent
  2nd quarter 2010-
3rd quarter 2010 		    3rd quarter 2009-
3rd quarter 2010
Total -0.5 6.7
Oslo incl. Bærum 1.7 6.1
Stavanger 1.4 14.1
Bergen -0.7 9.3
Trondheim 2.8 12.5
Akershus excl. Bærum -0.9 4.8
South Eastern Norway -1.2 5.2
Hedmark and Oppland -1.5 5.7
Agder and Rogaland excl. Stavanger -1.4 7.3
Western Norway excl. Bergen -2.5 6.1
Trøndelag excl. Trondheim -2.0 7.5
Northern Norway -1.7 5.9

House prices up 6.7 per cent last year

House prices increased by 6.7 per cent from the third quarter of 2009 to the third quarter of 2010. The cities of Stavanger and Trondheim had the strongest rise in house prices with 14.1 and 12.5 per cent respectively. In Oslo and Bærum the house prices increased by 6.1 per cent on average last year, while the rest of Akershus had the lowest growth by 4.8 per cent.

A total of 20 643 house sales are used in the index computation for the third quarter of 2010.

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