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Home BUSINESSOld detached house prices down by 1.3% in Q1
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Sun, 07 Jun, 2015 12:02:37 AM
FTimes Report, Jun 7
 
Development of prices in old detached houses, index 2005=100. Source: Real estate prices, Statistics Finland.
Prices for old single-family houses in the first quarter of 2015 fell by an average of 1.3 per cent compared to the corresponding period of the previous year in the whole country.
 
In Greater Helsinki, the prices went up by 3.0 per cent from the corresponding period of the previous year, while in the rest of the country they fell by 1.8 per cent.
 
Compared with the previous quarter, prices of old dwellings in detached houses increased by an average of 0.7 per cent in the whole country, according to the data derived from Statistics Finland’s Index of real estate prices.
 
In the whole country, the average price per square metre of old single-family houses was euro 1,558 in the first quarter of 2015.
 
In Greater Helsinki, the average price per square metre of detached houses was euro 3,203. In the rest of the country, the average price per square metre was euro 1,467, the data show.
 
Development of prices in new detached houses, index 2010=100. Source: Real estate prices, Statistics Finland.
In the first quarter of 2015, prices of detached house plots fell by 6.2 per cent in the whole country from the year before.
 
The prices of plots fell by 9.7 per cent from the previous quarter. The average price per square metre for a single-family house plot was euro 24.7 in the whole country and the average plot size was 2,083 square metres.
 
The prices for new single-family houses rose by 0.6 per cent in the first quarter of 2015 from the previous year in the whole country.
 
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