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Indices of real estate prices are revised

The statistics on real estate prices are revised starting from data for the first quarter of 2017. The revised indices will be published on 5 June 2017. The revision concerns statistics on prices of old single-family houses and single-family house plots. The statistical model used in index calculations, revision procedures, weight structure and classifications are renewed. The base year for price indices of old detached houses and plots will also change. The new base year will be 2015.

Retrospective time series starting from 2015 will be calculated for the indices based on the renewed calculation method. Due to updated methods, these retrospectively calculated series differ from the indices published earlier for the corresponding periods. Changes are not made to the statistics on prices of new single-family houses.

Inquiries: Petri Kettunen +358 29 551 3558 and Elina Vuorio +358 29 551 3385, asuminen@stat.fi

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Last updated 6.3.2017