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Development in Rents (housing)

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Prices and Consumption, Economic Statistics
Martin Birger Larsen
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Development in Rents (housing)

The statistics measure the development in rent (housing). The survey has been carried out since the 1950s.

Statistical presentation

The statistics show the development in rents before and after rent subsidies. The average development in rent before rent subsidies is used for the consumer price index and the average development in rent after rent subsidies is used for the index of net prices.

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Statistical processing

The rent survey is based on a sample of privately owned rented dwellings, social rental housing and cooperative dwellings. The rent development for the social rental housing is based on administrative data from Landsbyggefonden and thus covers the entire population of social rental housing. Privately owned rented dwellings are covered by a sample of approx. 140.000 dwellings out of a population of approx. 500.000 privately owned rented dwellings. Cooperative dwellings are covered by a sample of approx. 600 dwellings.

Social rental housing and private rental housing as well as cooperative housing each amount to almost half of the total rental housing market whereas cooperative dwellings account for approx. 10 per cent.

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The statistic measures the development in rent (housing).

The statistic is primarily used in calculating sub-indices in the consumer price index, the index of net retail prices and the harmonized index of consumer prices (HICP). Development in rent is used as an indicator for price development for rented dwellings and for regulating (indexation) rent contracts.s.

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Accuracy and reliability

It is not possible to quantify the uncertainty in the rent survey, as the sample behind is not randomly drawn . However, for social housing, the statistics are based on the population of social housing, which is why there is no uncertainty here. For the private rental homes, the sample consists of approx. 140,000 rental homes out of a population of approx. 500,000 rental housing, so here there is limited sample uncertainty. Cooperative dwellings are covered by a sample of approx. 600 dwellings, so here there is sample uncertainty.

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Timeliness and punctuality

The consumer price index including the rents index is published on the 10th or the first working day thereafter, following the month in which the data was collected.

The statistics are published without delay in relation to the scheduled date.

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The statistics have been compiled in the same way since 1982. The rent survey is directly comparable with similar rent-indices from other countries' EU harmonized consumer price index (HICP).

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Accessibility and clarity

Figures for the rent survey can be found in the statistics bank under group 04.1-2 under resp. the consumer price index, the net price index and the EU Harmonized Index of Consumer Prices (HICP).

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