Real estate industry House price statistics December 2009

Main points
Average prices of homes passed through Finn.no in December 2009 was 1.4 percent lower than in November. Adjusted for seasonal variations were prices 0.7 percent higher than in November, and the “underlying” price developments is thus positive. The fact that the actual price change is less than the seasonally adjusted means that prices in December normally develops
weaker than in an average month.

14.6 percent higher than in December 2008.
1.3 percent lower than in the peak months in August 2007. Adjusted for
inflation, prices are now 8 percent lower than they were in August 2007.
202 percent higher than in the previous peak year of 1987. Adjusted for
inflation, prices are now 72 percent higher than they were in 1987.
332 percent higher than in the base year 1992. Adjusted for inflation is
prices are 203 percent higher than they were in 1992.

Preliminary figures: The statistics produced 2 working days before month-end. All figures includes information about the last month are therefore preliminary. The figures for the second last month reviewed monthly so that we get with the observations for the last two
working days. Normally you do not audit store outlets in the figures. Size: statistics include properties that are advertised on Finn.no, ie between 1 / 3 and 1/2-parten of all dwellings sold in Norway within a year. Area: Even in December 2007, we have used Housing Area (BOA) NS 3940 as arealmål in the statistics. From January 2008, more and more homes have been sold and registered with the Primary Space Area. This target area has now virtually taken over completely.