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Fri, 13 Mar, 2015 12:03:13 AM FTimes Report, Mar 13  Development of prices in old detached houses, index 2005=100. Source: Real estate prices, Statistics Finland. Prices for old single-family houses in the whole country fell by an average of 1.2 per cent in the fourth quarter of 2014 compared to the corresponding period of the previous year, according to Statistics Finland.
The prices for new single-family houses, however, went up by an average of 0.8 per cent during the time.
In Greater Helsinki, prices went up by 2.1 per cent from the corresponding period of the previous year, while in the rest of the country they fell by 1.7 per cent.
Compared with the previous quarter, prices of old dwellings in detached houses decreased by an average of 1.3 per cent in the whole country as per the data derived from Statistics
Finland’s Index of real estate prices, which was compiled by utilizing data from the real estate transaction register of the National Land Survey of Finland.
In the whole country, the average price per square metre of old single-family houses was euro 1,498 in the fourth quarter of 2014.
Development of prices in new detached houses, index 2010=100. Source: Real estate prices, Statistics Finland. In Greater Helsinki, the average price per square metre of detached houses was euro 3,013. In the rest of the country, the average price per square metre was euro 1,430.
In October to December of 2014, prices of detached house plots rose by 7.4 per cent in the whole country from the year before. From the previous quarter, prices of plots increased by 4.8 per cent.
The average price per square metre for a single-family house plot was euro 24.5 in the whole country and the average plot size was 2,198 square metres.
In 2014, prices of old dwellings in detached houses fell by 1.7 per cent in the whole country.
In Greater Helsinki, prices went down by 4.1 per cent and in the rest of the country by 1.4 per cent, the data show.
In 2014, the average price per square metre for a single-family house was euro 2,876 in Greater Helsinki and euro 1,427 in the rest of the country.
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