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Home BUSINESSPrices of dwellings remain unchanged in Q3
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Thu, 29 Oct, 2015 12:09:00 AM
FTimes Report, Oct 29
 
Development of prices of old dwellings in housing companies, index 2010=100. Source: Prices of dwellings in housing companies, Statistics Finland.
Prices of old dwellings remained unchanged in the whole country in the third quarter of 2015 from the previous quarter, according to Statistics Finland’s preliminary data.
 
In Greater Helsinki, prices went down by 0.1 per cent, while in the rest of Finland they went up by 0.1 per cent.
 
Compared with the corresponding period of 2014, prices fell by 0.5 per cent in the whole country, the data show.
 
In Greater Helsinki, prices remained unchanged, while in the rest of the country prices went down by 0.8 per cent.
 
In July to September, the average price per square metre of an old dwelling in a housing company was EUR 2,278 in the whole country, EUR 3,549 in Greater Helsinki and EUR 1,708 elsewhere in the country.
 
Prices of new dwellings in blocks of flats and terraced houses also remained unchanged in the whole country compared with the previous quarter.
 
In Greater Helsinki, prices fell by 1.8 per cent, while in the rest of the country prices went up by 1.0 per cent.
 
Compared with the same period in 2014, prices of new units in housing companies rose by 1.7 per cent in the whole country.
 
In Greater Helsinki, prices went down by 2.1 per cent, while in the rest of Finland they went up by 3.9 per cent.
 
The average price per square metre of new units in housing companies was EUR 3,540 in the whole country, EUR 4,752 in Greater Helsinki and EUR 3,112 in the rest of the country.
 
The information on old dwellings is derived from the statistics on the prices of dwellings in housing companies compiled by Statistics Finland from the Tax Administration’s data.
 
The preliminary data cover roughly two-thirds of completed transactions in old dwellings in blocks of flats and terraced houses.
 
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