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Published: 26 August 2011

Prices of dwellings fell in July

According to Statistics Finland’s preliminary data, prices of dwellings in old blocks of flats and terraced houses fell by 0.6 per cent in the whole country compared with the previous month. In Greater Helsinki prices went down by 1.3 per cent and in the rest of the country prices remained almost unchanged. Compared with the corresponding period of the year before, prices went up by 2.5 per cent in the whole country. In Greater Helsinki the rise amounted to 3.9 per cent and in the rest of the country to 1.4 per cent.

Development of prices of dwellings monthly, index 2010=100

Development of prices of dwellings monthly, index 2010=100

In July 2011, the average price per square metre of an old dwelling in a block of flats was EUR 2,100 in the whole country, EUR 3,271 in Greater Helsinki and EUR 1,640 elsewhere in the country.

Statistics Finland now releases for the first time data on the price development of dwellings on the monthly level. When the monthly statistics are published they cover approximately 40 per cent of all transactions made in the latest statistical month. Monthly data become revised during the following months so that the final data for the year are published in the release concerning the first quarter of the following year. The base year of the monthly index is 2010. Data by area starting from 2010 are available in the Statfin service: http://pxnet2.stat.fi/PXWeb/pxweb/fi/StatFin/StatFin__Asu__ashi/?tablelist=true in Finnish only.


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 26.8.2011

Referencing instructions:

Official Statistics of Finland (OSF): Prices of dwellings in housing companies [e-publication].
ISSN=2323-8801. July 2011. Helsinki: Statistics Finland [referred: 22.11.2024].
Access method: http://www.stat.fi/til/ashi/2011/07/ashi_2011_07_2011-08-26_tie_001_en.html