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53115
Small rise in house prices
statistikk
2011-10-14T10:00:00.000Z
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 2011

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Small rise in house prices

House prices increased on average by 0.3 per cent from the second to the third quarter of 2011. Prices are still 8.3 per cent higher than the third quarter last year.

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

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

On a national scale house prices increased by 0.3 per cent from the second to the third quarter this year. In the largest cities Oslo, Stavanger, Bergen and Trondheim and the two northernmost regions, prices increased by between 0.5 and 1.7 per cent. The other regions had a decrease the last quarter.

While prices for detached houses fell from the second to the third quarter of 2011, flats in blocks and row houses increased, by respectively 2.6 and 0.8 per cent

House price index. Change in per cent
  2nd quarter 2011-
3rd quarter 2011 		3rd quarter 2010-
3rd quarter 2011
Total 0.3 8.3
Oslo incl. Bærum 1.7 9.7
Stavanger 1.1 9.2
Bergen 0.7 8.8
Trondheim 0.5 10.0
Akershus excl. Bærum -0.1 8.1
South Eastern Norway -0.2 7.2
Hedmark and Oppland -1.4 5.8
Agder and Rogaland excl. Stavanger -0.5 8.2
Western Norway excl. Bergen -1.4 6.1
Trøndelag excl. Trondheim 1.6 12.8
Northern Norway 1.1 7.2

Strongest growth in Trøndelag last year

House prices increased by 8.3 per cent from the third quarter of 2010 to the third quarter of 2011. House prices in Trøndelag without Trondheim had the highest rise, by 12.8 per cent, followed by Trondheim with a 10.0 per cent growth.

Prices for flats in blocks had the highest increase this period, by 10.8 per cent. For row houses and detached houses the growth was respectively 7.7 and 7.6 per cent.

A total of 21 563 house sales are used in the index computation for the third quarter of 2011.

Average square metre prices, together with the full time series, can be found in “ More tables in StatBank ”.

Tables: