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Wed, 30 Jul, 2014 02:15:28 AM FTimes Report, July 30  File Photo Lehtikuva. Prices of dwellings in old blocks of flats and terraced houses went down by 0.1 per cent in the whole country during May to June period.
Prices rose by 0.1 per cent in Greater Helsinki while in the rest of Finland prices fell by 0.2 per cent, according to Statistics Finland’s preliminary data.
In June 2014, the average price per square metre of an old dwelling in a housing company was EUR 2,203 in the whole country, EUR 3,600 in Greater Helsinki and EUR 1,656 elsewhere in the country.
Development of prices of old dwellings in housing companies by month, index 2010=100. Source: Statistics Finland. Compared with the corresponding period of the previous year, prices fell by 1.4 per cent in the whole country. Prices went down by 0.2 per cent in Greater Helsinki and by 2.3 per cent in the rest of Finland year-on-year, the statistics show.
In the second quarter of 2014, prices of old dwellings in housing companies rose in the whole country by 0.8 per cent from the previous quarter.
In Greater Helsinki, prices rose by 1.7 per cent and in the rest of Finland they remained nearly unchanged, according to the data.
Development of prices of old dwellings in housing companies, index 2005=100. Source: Statistics Finland. Compared with the corresponding period of 2013, prices fell by 0.3 per cent in the whole country.
The results of the monthly and quarterly statistics show deviations because the monthly statistics are produced by a less detailed regional division and have a different weight structure than the quarterly statistics.
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