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Published: 30 March 2012

Prices of dwellings fell slightly in February

According to Statistics Finland’s preliminary data, prices of old dwellings in blocks of flats and terraced houses fell in February by 0.4 per cent in the whole country compared with the previous month. In Greater Helsinki prices remained unchanged and in the rest of the country they fell by 0.6 per cent. Compared with the corresponding period of the year before, prices remained more or less unchanged in the whole country. In Greater Helsinki, prices rose by 1.0 per cent, while in the rest of the country prices went down by 0.8 per cent.

Development of prices of old dwellings by month, index 2010=100

In February 2012, the average price per square metre of an old dwelling in a housing company was EUR 2,112 in the whole country, EUR 3,381 in Greater Helsinki and EUR 1,615 elsewhere in the country.

When the monthly statistics on prices of dwellings 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, Tomi Martikainen 09 1734 3632, asuminen@stat.fi

Director in charge: Kari Molnar

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Appendix tables

• Appendix table 1. Unencumbered average prices per square metre of old dwellings in housing companies, February 2012 (30.3.2012)
• Appendix table 2. Unencumbered average prices per square metre of blocks of flat, February 2012 (30.3.2012)
• Appendix table 3. Unencumbered average prices per square metre of terraced houses, February 2012 (30.3.2012)
• Appendix table 4. Unencumbered average prices per square metre of old dwellings in housing companies, January 2012 (30.3.2012)
• Appendix table 5. Unencumbered average prices per square metre of old dwellings in housing companies, December 2011 (30.3.2012)

Quality descriptions

• Quality Description: Prices of Dwellings (30.3.2012)

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Updated 30.3.2012