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Home BUSINESSPrices of old detached houses up by 1.1% in Oct-Dec
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Sat, 12 Mar, 2016 12:05:14 AM
FTimes Report, Mar 12
 
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 1.1 per cent in the fourth quarter of 2015 from the previous year in the whole country.
 
The prices went up by 3.5 per cent from the corresponding period last year in Greater Helsinki and in the rest of the country by 0.8 per cent.
 
Compared with the previous quarter, the prices of old dwellings in detached houses remained almost unchanged 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 detached houses was EUR 1,544 in the fourth quarter of 2015.
 
In Greater Helsinki, the average price per square metre of single-family houses was EUR 3,090. In the rest of the country, the average price per square metre was EUR 1,449.
 
Development of prices in new detached houses, index 2010=100. Source: Real estate prices, Statistics Finland.
In the fourth quarter of 2015, prices of detached house plots fell by 2.6 per cent in the whole country from the year before.
 
From the previous quarter, prices of plots increased by 13.2 per cent.
 
The average price per square metre for a detached house plot was EUR 24.6 in the whole country and the average plot size was 2,368 square metres.
 
Prices for new single-family houses rose by an average of 0.9 per cent in the fourth quarter of 2015 from the previous year in the whole country.
 
Compared with the previous quarter, prices rose by 0.4 per cent.  
 
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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