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Published: 29 October 2010

The rise in the prices of old dwellings slowed down from July to September

According to Statistics Finland’s preliminary data, prices of dwellings in old blocks of flats and terraced houses went up by 0.4 per cent in the whole country compared with the previous quarter. In Greater Helsinki prices fell by 0.2 per cent, while in the rest of the country prices went up by 0.9 per cent. Compared with the corresponding period of the year before, prices rose by 7.8 per cent in the whole country. In Greater Helsinki the growth amounted to 9.2 per cent and in the rest of the country to 6.7 per cent.

Development of prices of dwellings, index 2005=100

Development of prices of dwellings, index 2005=100

In the third quarter of 2010 the average price per square metre of an old dwelling in a block of flats was EUR 2,117 in the whole country, EUR 3,224 in Greater Helsinki and EUR 1,617 elsewhere in the country.

Compared with the previous quarter, the prices of dwellings in new blocks of flats and terraced houses rose by 4.9 per cent in the whole country. In Greater Helsinki, prices went up by 3.9 per cent and in the rest of Finland by 5.5 per cent. Compared with the corresponding period of the year before, prices of new dwellings increased by 11.2 per cent in the whole country. In Greater Helsinki, prices went up by 13.4 per cent and in the rest of Finland by 10.1 per cent. The average price per square metre of new dwellings was EUR 3,068 in the whole country, EUR 4,185 in Greater Helsinki and EUR 2,666 in the rest of Finland.


Source: Prices of Dwellings, Statistics Finland

Inquiries: Petri Kettunen (09) 1734 3558, Johanna Leivo (09) 1734 3397, asuminen.tilasto@stat.fi

Director in charge: Kari Molnar

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Updated 29.10.2010

Referencing instructions:

Official Statistics of Finland (OSF): Prices of dwellings in housing companies [e-publication].
ISSN=2323-8801. 3rd quarter 2010. Helsinki: Statistics Finland [referred: 28.12.2024].
Access method: http://www.stat.fi/til/ashi/2010/03/ashi_2010_03_2010-10-29_tie_001_en.html