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2. Prices of terraced houses went down in first quarter

According to preliminary data prices of old blocks of flats went down by an average 1,6 per cent in whole country, in Greater Helsinki by 3,0 per cent and in the rest of Country 0,8 per cent from previous quarter. Average prices of dwelling in old terraced house was EUR 2,635in Greater Helsinki and EUR 1,479 in the rest of the Country.

In Helsinki prices went down by 2,6 per cent, in Espoo-Kauniainen by 4.8 per cent and in Vantaa by 1,1per cent. In Tampere prices went down by 1,1 per cent, in Oulu by 3,2 per cent, in Jyväskylä 0,5 per cent and in Turku by 2,3 per cent. In Kuopio prices went up by 1,7 per cent, in Lahti by 2,7 per cent cent from previos quarter.

From the year before the prices of dwellings in old terraced houses went down in the whole country by 5,8 per cent. In Greater Helsinki prices went down by 8,1 per cent and in the rest of Country by 1,7 per cent.

The prices of dwellings in new terraced houses went up in the whole Country by 1,6 per cent. In Greater Helsinki prices went down by 2,4 per cent and in the rest of country went up by 2,5 per cent. The average price of dwelling was EUR 2,957 in Greater Helsinki and EUR 2,254 in the rest of Country.

From the year before the prices of dwellings in new terraced house went down in the whole Country by 1,8 per cent. In Greater Helsinki prices went down by 6,1 per cent but in the rest of Country went up by 0,3 per cent.

Source: Prices of dwellings, Statistics Finland

Inquiries: Petri Kettunen (09) 1734 3558, Paula Paavilainen (09) 1734 3397, asuminen@stat.fi

Director in charge: Kari Molnar

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Updated 13.05.2009