House prices up 0.6 per cent
Prices and price indices;Construction, housing and property
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
The house price index measures development of the value of the housing stock. The house prices in Norway increased on average by 6.1 per cent from the 3rd quarter of 2015 to the 3rd quarter of 2015.

Price index for existing dwellingsQ4 2015



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House prices up 0.6 per cent

House prices increased by 0.6 per cent from the 3rd to the 4th quarter of 2015, when adjusted for seasonal variations. The prices of flats in blocks had the highest growth in the period with 0.9 per cent.

House price index. Change in per cent
Seasonally adjusted4th quarter 2014 - 4th quarter 2015
3rd quarter 2015 - 4th quarter 2015
The whole country0.64.6
Oslo including Bærum2.09.2
Akershus excluding Bærum1.58.8
Hedmark and Oppland1.75.1
Agder and Rogaland excluding Stavanger-1.4-1.4
Vestlandet excluding Bergen-0.22.7
Trøndelag exluding Trondheim0.52.4
Figure 1. House price index, by house type. 1992=100

The corresponding increase in prices for small houses was 0.9 per cent, while prices for detached houses remained unchanged.

House prices in the regions Oslo and Hedmark and Oppland had the highest growth in the quarter, with 2.0 and 1.7 per cent respectively. Stavanger and Agder and Rogaland had a decrease in house prices during this period, with a fall of 2.3 and 1.4 per cent respectively.

House prices in Norway increased on average by 6.1 per cent in 2015. The prices for flats in blocks had the highest increase, with 9.2 per cent. Small houses and detached houses increased in this period, by 6.0 and 4.9 per cent respectively.

Only Stavanger had a decrease in houses prices last year, where the prices fell by 3.8 per cent. Prices fell for all types of dwellings. The prices for flats in blocks and small houses had the highest decrease, with 5.3 and 4.2 per cent respectively. The prices of detached houses fell by 3.0 per cent.

A total of 17 005 house sales were used in the index calculations for the 4th quarter of 2015.