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Friday, 29 March, 2024
Home BUSINESSDwelling prices down in Q4 of 2015
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Fri, 29 Jan, 2016 12:06:45 AM
FTimes Report, Jan 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 in housing companies fell in the whole country by 0.2 per cent in the fourth quarter of 2015 from the previous quarter, according to Statistics Finland's preliminary data.  
 
The prices went up by 0.4 per cent in Greater Helsinki while they went down by 0.8 per cent in the rest of Finland.
 
Compared with the corresponding period of the previous year, the prices rose by 0.2 per cent in the whole country.
 
In Greater Helsinki, prices went up by 1.4 per cent and in the rest of the country they went down by 0.9 per cent.
 
The average price per square metre of an old dwelling in a housing company was EUR 2,274 in the whole country, EUR 3,557 in Greater Helsinki and EUR 1,699 elsewhere in the country In October to December, the statistics show.
 
Prices of new dwellings in blocks of flats and terraced houses went up by 1,0 per cent in the whole country compared with the previous quarter. In Greater Helsinki, prices rose by 2.7 per cent, and in the rest of the country prices remained unchanged as per the data derived from the statistics on the prices of dwellings in housing companies.
 
Development of prices of old dwellings in housing companies by month, index 2010=100. Source: Prices of dwellings in housing companies, Statistics Finland.
Compared with the same period in 2014, the prices of new units in housing companies rose by 1.9 per cent in the whole country.
 
In Greater Helsinki, prices went up by 0.2 per cent, while in the rest of Finland they rose by 2.8 per cent.
 
The average price per square metre of new units in housing companies was EUR 3,553 in the whole country, EUR 4,879 in Greater Helsinki and EUR 3,085 in the rest of the country.
 
The prices of old dwellings in blocks of flats and terraced houses went up by 0.2 per cent from November to December 2015 in the whole country.
 
The average price per square metre of an old dwelling in a housing company was EUR 2,247 in the whole country, EUR 3,545 in Greater Helsinki and EUR 1,665 elsewhere in the country in December.
 
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