Friday, January 30, 2015

Apartments in condominium rose sharply in price in January – Dagbladet.no

Apartments in condominium rose sharply in price in January – Dagbladet.no

(Hegnar.no): Statistics from Warranty Realtor shows that prices of traded condominium apartments continued to rise in January and prices are 5.1 percent higher in January 2015 than in December 2014.

Passed new milestone

Average price per square meter for condominium apartments were in January 2015 of 30577 million, while the corresponding figure in December 2014 was at 29.094 million.

Over the past 12 months, prices have risen by 8.6 percent, from an average square meter price of condominium apartments 28164 million.

– Inflation in January is a great start to 2015. Prices rise normally in January, but that they rise so sharply this year is a little surprising, says CEO Stein Drog Seth Warranty Realtor in a comment.

He added that part of the explanation is the strong growth in some of the major cities, including Bergen, Oslo and Tromsø.

– If we see prices in the longer term, we see a relatively steady price increase. January Prices are 3.2 percent higher than in November last year, and 1.3 percent higher than in August last year, which is the month prices were at their highest, says Drog Seth.

More bids per dwelling

Compared with the previous month also rose the number of bids to an average of 5.3 bids per condominium housing.

This is an increase of 1.6 bids from December 2014, and an increase of 0.1 bids compared with the same period last year.

The number of bidders per dwelling is 1.6 in January 2015. This is a decrease of 0.1 bidders from the previous month and a decrease of 0.4 bidders compared with the same period last year, it emerges from a message from Warranty Realtor.

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