Friday, January 30, 2015

Powerful price jumps on housing – HegnarOnline

Powerful price jumps on housing – HegnarOnline

Statistics from Warranty Realtor shows that prices of traded condominium apartments went up by as much as 5.1 percent in January.

Prices of condominium apartments is 5.1 per cent higher in January 2015 compared with December 2014. Average price per square meter for condominium apartments were in January 2015 at 30 577 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. 12 months ago, the average square meter price of condominium apartments 28.164 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 bit surprising. 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 CEO Stein Drog Seth Warranty Realtor.

More bid per dwelling
Compared with the previous month, the number of bids this month. In January 2015, averaging 5.3 per bid 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. 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.

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