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Home BUSINESSPrices of old detached houses up by 1.9% in Q2
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Sat, 05 Sep, 2015 12:11:36 AM
FTimes Report, Sep 5
 
Development of prices in old detached houses, index 2005=100. Source: Real estate prices, Statistics Finland.
Prices for old single-family houses grew by an average of 1.9 per cent in the second quarter of 2015 from the previous year in the whole country.
 
In Greater Helsinki, prices went up by 11.3 per cent from the corresponding period last year and in the rest of the country by 0.8 per cent, according to the data derived from Statistics Finland’s Index of real estate prices.
 
Compared with the previous quarter, prices of old dwellings in detached houses increased by an average of 3.3 per cent in the whole country.
 
In the whole country, the average price per square metre of old single-family houses was EUR 1,596 in the second quarter of 2015.
 
In Greater Helsinki, the average price per square metre of detached houses was EUR 3,224 while in the rest of the country, it was EUR 1,493.
 
In the second quarter of 2015, prices of detached house plots fell by 11.1 per cent in the whole country from the year before.
 
From the previous quarter, prices of plots increased by 0.2 per cent. The average price per square metre for a single-family house plot was EUR 23.9 in the whole country and the average plot size was 1,961 square metres.
 
Development of prices in new detached houses, index 2010=100. Source: Real estate prices, Statistics Finland.
Prices for new single-family houses rose by 0.4 per cent in the second quarter of 2015 from the previous year in the whole country.
 
Compared with the previous quarter, the prices increased by 0.1 per cent.
 
The data for new detached houses are based on the construction price index and price data describing professional and own-account construction.
 
The Index of real estate prices is compiled by utilising data from the real estate transaction register of the National Land Survey of Finland.
 
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