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Prices of old one-dwelling houses fell by 7.0 per cent in January to March 2024 from one year ago

Release related to topics:Housing and constructionPrices and consumption
release | Real estate prices 2024, 1st quarter

According to Statistics Finland, prices of old one-dwelling houses fell by 7.0 per cent in the first quarter of 2024 from the previous year and by 5.4 per cent from the previous quarter. In the first quarter of 2024, around 11 per cent fewer transactions of old one-dwelling houses were made than in the corresponding period one year earlier.

Key selections

  • Prices of old one-dwelling houses fell by 9.9 per cent in large towns and by 6.0 per cent in the rest of the country from one year back. Prices fell most, by over 10 per cent, in municipalities with 60,000 to 100,000 inhabitants.
  • Prices of one-dwelling house plots rose by 5.7 per cent in the whole country compared to one year earlier.
  • Transactions of old one-dwelling houses decreased most in municipalities with 20,000 to 59,999 inhabitants, where 14 per cent fewer transactions were made than one year earlier.
  • Seventeen per cent fewer transactions of one-dwelling house plots were made than in the corresponding period of the previous year.
  • Prices of new one-dwelling houses fell by 2.2 per cent from the previous year and by 0.7 per cent from the previous quarter.

Database tables

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Updated database tables
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    Referencing instructions

    Official Statistics of Finland (OSF): Real estate prices [online publication].
    Reference period: 2024, 1st quarter. ISSN=2342-8902. Helsinki: Statistics Finland [Referenced: 16.10.2024].
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    Hannele Orjala
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