Mon, 07 Apr, 2014 12:03:02 AM FTimes Report, April 7  Indices of owner-occupied housing prices 2010=100. Source: Statistics Finland. The annual costs of owner-occupied housing have increased by 0.6 per cent in the fourth quarter of 2013, according to Statistics Finland.
The Statistics Finland's data showed the purchases of dwellings increased by 0.6 per cent during the corresponding period.
However, the costs of owner-occupied housing went down by 0.4 per cent compared to the previous quarter and the purchases of dwellings went down by 0.2 per cent.
Statistics Finland's indices of owner-occupied housing prices consist of two index series. The first series of the index of owner-occupied housing expenditures describes the development of the costs of owner-occupied housing.
The owner-occupied housing expenditures consist of the prices of new dwellings purchased by households and other costs of owner-occupied housing, like renovations.
The second series, purchases of dwellings describes the price development of all dwellings. The index is based on the data in the statistics on prices of dwellings in housing companies and real estate prices.
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