This is an archived release.
House prices up 1.2 per cent
House prices increased by 1.2 per cent from the 2nd to the 3rd quarter of 2015, when adjusted for seasonal variations. The prices of detached houses had the highest growth by 1.4 per cent in the period.
|Seasonally adjusted||3rd quarter 2014 - 3rd quarter 2015|
|2nd quarter 2015 - 3rd quarter 2015|
|The whole country||1.2||6.1|
|Oslo including Bærum||2.1||10.3|
|Akershus excluding Bærum||1.6||8.9|
|Hedmark and Oppland||1.0||6.9|
|Agder and Rogaland excluding Stavanger||1.1||1.1|
|Vestlandet excluding Bergen||0.2||3.6|
|Trøndelag exluding Trondheim||0.7||6.2|
The corresponding increase in prices for flats in blocks and small houses was 1.1 and 0.4 per cent.
The house prices in the regions Oslo and South Eastern Norway had the highest growth in the quarter, by 2.1 and 1.9 per cent respectively. Only Stavanger had a decrease in house prices in this period, with a fall of 1.9 per cent.
Strong price growth in Oslo last year
House prices in Oslo increased on average by 10.3 per cent from the 3rd quarter of 2014 to the 3rd quarter of 2015. The prices for flats in blocks had the highest increase by 12.4 per cent. Small houses and detached houses increased in this period, by 8.9 and 7.2 per cent respectively.
Only Stavanger had a decrease in house prices last year, where the prices fell by 5.3 per cent. The prices for flats in blocks and small houses had the highest decrease by 8.0 and 7.6 per cent respectively. The prices of detached houses fell by 2.7 per cent.
House prices in Norway increased on average by 6.1 per cent in this period.
A total of 20 990 house sales were used in the index calculations for the 3rd quarter of 2015.