Prices of dwellings
|Updated: 25.10.2013 - Next update: 25.2.2014|
Prices of dwellings in housing companies in the third quarter
In the third quarter of 2013, prices of old dwellings fell in the whole country by 0.2 per cent from the previous quarter. Prices went up by 0.6 per cent in Greater Helsinki, but elsewhere in Finland they went down by 0.9 per cent. Compared with the corresponding period of the previous year, prices rose by 1.1 per cent in the whole country. Prices went up by 2.5 per cent in Greater Helsinki and elsewhere in Finland they remained nearly unchanged.
In the July to September period, the average price per square metre of an old dwelling in a housing company was EUR 2,266 in the whole country, EUR 3,550 in Greater Helsinki and EUR 1,687 elsewhere in the country.
Prices of new dwellings in blocks of flats and terraced rose whole country by 0.2 per cent compared with the previous quarter. In Greater Helsinki, prices went down by 0.7 per cent, but in the rest of Finland they went up by 0.7 per cent.
Compared with the same period in 2012, prices of new units in housing companies rose by 1.1 per cent in the whole country. Prices went up by 2.1 per cent in Greater Helsinki and by 0.5 per cent elsewhere in Finland. The average price per square metre of new units in housing companies was EUR 3,435 in the whole country, EUR 4,701 in Greater Helsinki and EUR 2,980 in the rest of the country.
Statistics Finland, Prices of dwellings
Description of indicator
Price index of dwellings describe the development in the prices of
old dwellings in housing companies.
Real price index indicates the change in real prices compared with the index base time period (year 2000). The real price index is derived by dividing the point figure of the nominal price index with the point figure of the Consumer Price Index of the corresponding time period and base year.
The monthly and quarterly statistics are suitable for monitoring short-term price development whereas the annually produced statistics provide more detailed information on the housing market by area, such as numbers of completed transactions. The data are based on asset transfer tax statements.