Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/209846 
Year of Publication: 
2004
Series/Report no.: 
Working Paper No. 2004/21
Publisher: 
Norges Bank, Oslo
Abstract: 
Annual house price indices for four Norwegian cities are presented for the period from 1819 to 1989. The indices are constructed on the basis of nominal housing transaction prices compiled from the real property registers of the cities. Existing Norwegian house prices indices generally cover a few decades and usually start in the mid-1980s. Hence, we present new information about Norwegian house prices for more than 160 years. The house price indices seem to fit well in with historical events and available indicators of the Norwegian economy. The overall trend in nominal house prices is upward sloping over the two centuries. However, in real terms the picture looks different, in particular in the first half of the twentieth century.
Subjects: 
economic history
house prices
repeat sales indices
JEL: 
N10
E31
C81
Persistent Identifier of the first edition: 
ISBN: 
82-7553-282-5
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Working Paper
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