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Home BUSINESSPrice of housing companies goes up in 2nd quarter
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Sat, 27 Jul, 2013 12:00:57 AM
FTimes Report, July 27
File picture. Photo Lehtikuva
Prices of dwellings in housing companies went up in the second quarter, according to the preliminary data of Statistics Finland.
 
In the second quarter of 2013, prices of old dwellings in the country rose by 1.0 per cent from the previous quarter. Prices went up by 0.6 per cent in Greater Helsinki and by 1.3 per cent elsewhere in Finland. 
 
Compared with the corresponding period of the previous year, prices rose by 2.1 per cent in the entire country. Prices went up by 3.1 per cent in Greater Helsinki and by 1.2 per cent elsewhere in Finland.
 
From April to June, the average price per square metre of an old dwelling in a housing company was on an average EUR 2,257 in the country, EUR 3,495 in Greater Helsinki and EUR 1,698 elsewhere in the country.
 
Development of prices of old dwellings in housing companies. Source - Statistics Finland.
Meanwhile, the prices of old dwellings in blocks of flats and terraced houses in the country have dropped by 0.6 per cent in June from last month though the prices have shown a rise by 0.7 per cent since last year, according to Statistics Finland’s preliminary data.  
 
In Greater Helsinki, prices rose by 0.4 per cent in June while in the rest of Finland prices fell by 1.5 per cent. 
 
On a year-on-year basis comparison, prices of dwellings in Greater Helsinki went up by 2.6 per cent since last year, but in the rest of Finland they went down by 0.8 per cent.
 
Development of prices of old dwellings in housing companies,Source - Statistics Finland.
In June 2013, the average price per square metre of an old dwelling in a housing company was on an average EUR 2,210 in the country, EUR 3,534 in Greater Helsinki and EUR 1,691 elsewhere.
 
When the monthly statistics on prices of dwellings are published they cover approximately 40 per cent of all transactions made in the latest statistical month. 
 
 
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