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Prices of old one-dwelling houses fell by 5.5 per cent in July to September 2024 from one year ago

Release related to topics:Housing and constructionPrices and consumption
release | Real estate prices 2024, 3rd 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 5.5 per cent in the third quarter of 2024 from the previous year and by 1.5 per cent from the previous quarter. Around 4 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 rose by 3.7 per cent in large towns but they fell by 8.2 per cent in the rest of the country from one year back in the third quarter of 2024.
  • Prices of one-dwelling house plots rose by 2.8 per cent in the whole country compared to one year earlier.
  • Transactions of old one-dwelling houses decreased most in municipalities with under 20,000 inhabitants, where 7 per cent fewer transactions were made than one year earlier.
  • 2.5 per cent more 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 3.0 per cent from the previous year and by 0.6 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, 3rd quarter. ISSN=2342-8902. Helsinki: Statistics Finland [Referenced: 21.11.2024].
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    Statistical experts

    Inquiries primarily

    Service email
    asuminen.hinnat@stat.fi
    Elina Peltoniemi
    Senior Statistician
    029 551 3088

    Other experts

    Anu Rämö
    Senior Statistician
    029 551 3450

    Head of Department in charge

    Hannele Orjala
    Head of Department in charge
    029 551 3582