This is an archived release.
An error has been identified in ‘The Index for row houses for Nord-Norge' for the period 2nd quarter 2012 - 1st quarter 2014. This has also affected the total figures. Updated figures for this period are available in StatBank.
House prices same as first quarter last year
House prices increased by 2.1 per cent during the first quarter of 2014, and reached the same level as in the first quarter of 2013.
|4th quarter 2013 - 1st quarter 2014||1st quarter 2013 - 1st quarter 2014|
|The whole country||2.1||0.1|
|Oslo including Bærum||1.8||-2.4|
|Akershus excluding Bærum||2.0||0.8|
|Hedmark and Oppland||5.9||5.8|
|Agder and Rogaland excluding Stavanger||1.0||-1.2|
|Vestlandet excluding Bergen||2.2||1.5|
|Trøndelag exluding Trondheim||2.1||2.1|
Following a decrease in the second half of 2013, house prices have returned to the same level as in the first quarter of 2013.
Blocks of flats down 1.3 per cent
On average, detached houses were 0.6 per cent more expensive, while flats in blocks were 1.3 per cent less expensive than in the first quarter of 2013. The prices of small houses remained unchanged.
Price decline in the cities
From the first quarter of 2013 to the first quarter of 2014, house prices in Stavanger dropped by 5.5 per cent. Prices also decreased in Oslo and Trondheim in this period, by 2.4 and 1.1 per cent respectively.
A total of 18 827 house sales were used in the index calculations for the first quarter of 2014.