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1. Prices of dwellings in old blocks of flats rose in the April to June period

According to preliminary data, the prices of old dwellings in blocks of flats rose by 0.6 per cent in the whole country compared to the previous quarter. In Greater Helsinki, prices went down by 0.1 per cent, while in the rest of Finland they went up by 1.5 per cent. Compared with the corresponding quarter of 2014, prices fell by 0.7 per cent in the whole country. In Greater Helsinki, prices went down by 0.9 per cent and in the rest of Finland by 0.4 per cent.

Figure 1. Quarter-on-quarter changes in prices of dwellings in old blocks of flats

Viewed by type of apartment, prices of one-room flats went up by 0.4 per cent in Greater Helsinki and by 0.8 per cent in the rest of Finland compared to the previous quarter. Over the same period, prices of two-room flats rose by 0.4 per cent in Greater Helsinki and by 2.2 per cent in the rest of Finland. Prices of three-room and larger flats went down by 0.5 per cent in Greater Helsinki, while they rose by 1.0 per cent in the rest of the country.

In the second quarter of 2015, the average price per square metre of an old dwelling in a block of flats was EUR 2,421 in the whole country, EUR 3,699 in Greater Helsinki and EUR 1,708 elsewhere in the country.

Prices of new dwellings in blocks of flats fell by 2.4 per cent in the whole country from the previous quarter. In Greater Helsinki, prices rose by 0.9 per cent, while in the rest of Finland they fell by 4.5 per cent. Compared with the corresponding period of 2014, prices of new dwellings in blocks of flats went up by 0.1 per cent in the whole country. In Greater Helsinki, prices went down by 2.2 per cent, while in the rest of Finland they went up by 1.6 per cent.

In the second quarter of 2015, the average price per square metre of a new dwelling in a block of flats was EUR 3,900 in the whole country, EUR 4,967 in Greater Helsinki EUR 4,967 and EUR 3,435 elsewhere in Finland.

Source: Prices of dwellings in housing companies, Statistics Finland

Inquiries: Petri Kettunen 029 551 3558, Martti Korhonen 029 551 3451, asuminen.hinnat@stat.fi

Director in charge: Mari Ylä-Jarkko

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Updated 28.7.2015