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2. Prices of dwellings in terraced houses fell slightly in the October to December period

According to preliminary data, prices of old dwellings in terraced houses fell by an average of 0.2 per cent from the previous quarter in the whole country. Prices went down by 0.6 per cent in Greater Helsinki and remained almost unchanged in the rest of Finland. Compared with the corresponding period of 2013, prices of old dwellings in terraced houses went down by 1.4 per cent in the whole country. In Greater Helsinki, prices went down by 1.1 per cent and in the rest of the country by 1.5 per cent.

Figure 2. Quarter-on-quarter changes in prices of dwellings in old terraced houses

In the fourth quarter of 2014, the average price per square metre of an old dwelling in a terraced house was EUR 2,061 in the whole country, EUR 3,277 in Greater Helsinki and EUR 1,674 elsewhere in the country.

Prices of dwellings in new terraced houses fell in the whole country by 0.7 per cent from the previous quarter. In Greater Helsinki, prices went up by 1.3 per cent, but in the rest of Finland they went down by 1.4 per cent. Compared with the corresponding period of 2013, prices of new dwellings in terraced houses fell by an average of 1.8 per cent in the whole country. In Greater Helsinki, prices rose by 1.9 per cent and in the rest of Finland they fell by 3.0 per cent.

In the fourth quarter of 2014, the average price per square metre for a new dwelling in a terraced house was EUR 2,873 in the whole country, EUR 3,799 in Greater Helsinki and EUR 2,649 elsewhere in Finland.

According to preliminary data, prices of old dwellings in terraced houses fell by 1.5 per cent in the whole country in 2014 compared with the year before. In Greater Helsinki, prices went down by 0.7 per cent and in the rest of the country by 2.0 per cent. The price per square metre of an old dwelling in a terraced house was EUR 3,265 in Greater Helsinki and EUR 1,696 elsewhere in Finland. Prices of new dwellings in terraced houses went down by 0.5 per cent in the whole country. Prices went up by 0.8 per cent in Greater Helsinki, while in the rest of Finland prices went down by 1.0 per cent. The average price per square metre of a new dwelling in a terraced house was EUR 3,806 in Greater Helsinki and EUR 2,643 elsewhere in Finland.

Source: Prices of dwellings in housing companies, Statistics Finland

Inquiries: Petri Kettunen 029 551 3558, Jaana Hellman 029 551 2661, asuminen.hinnat@stat.fi

Director in charge: Leena Storgårds

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Updated 28.1.2015