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Prices of old one-dwelling houses fell by 6.8 per cent in April to June 2024 from one year ago

Release related to topics:Housing and constructionPrices and consumption
release | Real estate prices 2024, 2nd quarter

Correction

The data of the price index of old one-dwelling houses for 2024Q2 used in the statistics on real estate prices were corrected retrospectively.
Read more about the correction

According to Statistics Finland, prices of old one-dwelling houses fell by 6.8 per cent in the second quarter of 2024 from the previous year but rose by 0.8 per cent from the previous quarter. In the second quarter of 2024, around eight 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 2.8 per cent in large towns and by 7.9 per cent in the rest of the country in the second quarter of 2024 from one year back. Prices fell most in municipalities with under 20,000 inhabitants (-12.7%).
  • Prices of one-dwelling house plots rose by 2.3 per cent in the whole country compared to one year earlier.
  • Transactions of old one-dwelling houses decreased most in municipalities with over 100,000 inhabitants, where 16 per cent fewer transactions were made than one year earlier.
  • Three 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 2.9 per cent from the previous year and by 0.9 per cent from the previous quarter.

Database tables

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Updated database tables
13zp
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13yj
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141g
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    Documentation

    Description of the production, used methods and quality of the statistics.

    Go to documentation of the statistics

    Referencing instructions

    Official Statistics of Finland (OSF): Real estate prices [online publication].
    Reference period: 2024, 2nd quarter. ISSN=2342-8902. Helsinki: Statistics Finland [Referenced: 25.12.2024].
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    Statistical experts

    Inquiries primarily

    Service email
    asuminen.hinnat@stat.fi
    Anu Rämö
    Senior Statistician
    029 551 3450

    Other experts

    Elina Peltoniemi
    Senior Statistician
    029 551 3088

    Head of Department in charge

    Hannele Orjala
    Head of Department in charge
    029 551 3582