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Home BUSINESSPrices of dwellings fall in Q1
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Fri, 01 May, 2015 12:08:38 AM
FTimes Report, May 1
 
Development of prices of old dwellings in housing companies quarterly, index 2010=100. Source: Prices of dwellings in housing companies, Statistics Finland.
Prices of old dwellings in housing companies went down by 0.2 per cent in the whole country in the first quarter of 2015 from the previous quarter, according to Statistics Finland’s preliminary data.
 
In Greater Helsinki, prices went up by 0.6 per cent, while in the rest of Finland they went down by 1.0 per cent.
 
Compared with the corresponding period of 2014, prices fell by 1.1 per cent in the whole country. In Greater Helsinki, prices went down by 0.3 per cent, and in the rest of the country by 1.8 per cent.
 
The average price per square metre of an old dwelling in a housing company was euro 2,256 in the whole country in the first quarter of 2015.
 
Development of prices of old dwellings in housing companies by month, index 2010=100. Source: Prices of dwellings in housing companies, Statistics Finland.
Prices of new dwellings in blocks of flats and terraced houses rose by 2.8 per cent in the whole country from the previous quarter. In Greater Helsinki, prices fell by 0.9 per cent, while in the rest of the country prices went up by 5.0 per cent.
 
Compared with the same period in 2014, prices of new units in housing companies rose by 2.7 per cent in the whole country.
 
In Greater Helsinki, prices went down by 3.0 per cent, while in the rest of Finland they went up by 6.0 per cent.
 
The average price per square metre of new units in housing companies was euro 3,532 in the whole country, euro 4,803 in Greater Helsinki and euro 3,084 in the rest of the country as per the data on the prices of dwellings in housing companies compiled by Statistics Finland from the Tax Administration’s data.
 
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