A more recent publication of this set of statistics is available.

Latest publication: Prices of dwellings in housing companies 2019, May

Published: 30 April 2007

Prices of dwellings rose in January to March

According to preliminary data, prices of dwellings rose during the first quarter of 2007. The prices of dwellings in old blocks of flats rose by an average of 1.5 per cent in the whole country when compared with the previous quarter. In Greater Helsinki prices went up by 1.7 per cent and in the rest of Finland by 1.3 per cent. These data derive from the statistics on the prices of dwellings compiled by Statistics Finland on the basis of the Tax Administration's data. Preliminary data comprise roughly two-thirds of the transactions in dwellings in old blocks of flats and in terraced housing.

In Helsinki the prices of dwellings in old blocks of flats rose by 1.5 per cent, in Espoo by 2.9 per cent and in Vantaa by 1.8 per cent from the previous quarter. In Lahti prices went up by 0.9 per cent, in Turku by 0.8 per cent, in Kuopio by 0.6 per cent and in Jyväskylä by 0.3 per cent. Prices fell by 2.2 per cent in Oulu and by 0.9 per cent in Tampere

The prices of dwellings in old blocks of flats rose in the whole country by an average of 6.4 per cent from the year before. In Greater Helsinki prices went up by 7.7 per cent and in the rest of Finland by 5.0 per cent. According to final data, roughly 69,500 transactions in dwellings were completed in 2006, which is roughly 5 per cent down from 2005.

Real price index of dwellings in old blocks of flats by quarter
I/1970-I/2007, 1970=100 (according to the Cost-of-living index)

Unencumbered selling prices of dwellings in old blocks of flats
per square metre, index figures on1st quarter 2007 and changes1 on
4th quarter 2006 and 1st quarterand 1st quarter 2006. Data is preliminary



Region
Average price,
e/m2
2007/1
Index2
point figure
2007/1
Change of index %
2006/4-2007/1
Change of index %
2006/1-2007/1
Number of transactions
2007/1
Whole country 1,931 145.1 1.5 6.4 7,833
Greater Helsinki 2,906 149.6 1.7 7.7 2,770
Rest of country 1,422 140.7 1.3 5.0 5,063
Uusimaa 2,730 149.1 1.7 7.8 3,289
Itä-Uusimaa 1,746 164.2 8.0 12.3 53
Varsinais-Suomi 1,512 153.2 0.2 5.6 400
Satakunta 1,119 131.6 1.5 1.8 227
Kanta-Häme 1,349 139.4 3.7 4.0 224
Pirkanmaa 1,668 143.2 -0.7 4.3 888
Päijät-Häme 1,336 144.2 1.5 6.9 419
Kymenlaakso 1,054 138.3 0.3 5.3 394
South Karelia 1,378 134.2 1.8 2.1 202
Etelä-Savo 1,184 141.9 7.4 6.8 205
Pohjois-Savo 1,481 144.7 1.2 2.9 344
North Karelia 1,377 151.4 4.5 7.1 150
Central Finland 1,401 127.6 1.1 5.3 280
South Ostrobothnia 1,313 148.3 15.7 23.0 34
Ostrobothnia 1,274 128.1 2.7 6.9 133
Central Ostrobothnia 1,032 131.4 6.0 4.4 28
North Ostrobothnia 1,447 127.7 -2.0 -1.4 297
Kainuu 1,048 118.3 -2.1 0.6 95
Lapland 1,065 122.5 0.4 1.0 171
Helsinki 3 3,203 151.8 1.5 7.8 1,833
Helsinki-1 4,393 157.7 0.6 7.2 295
Helsinki-2 3,327 152.9 1.5 8.7 898
Helsinki-3 2,457 146.3 3.0 7.7 279
Helsinki-4 2,158 140.3 2.0 6.3 361
Espoo-Kauniainen 2,408 144.1 2.9 7.7 447
Vantaa 1,973 140.8 1.8 6.8 490
Surrounding muncipalities 4 1,712 142.7 2.1 7.0 406
Porvoo 1,934 164.9 6.7 9.3 37
Tampere 1,880 145.4 -0.9 3.4 646
Turku 1,687 160.2 0.8 6.1 183
Pori 1,177 132.4 0.6 0.1 138
Rauma 1,129 131.0 0.7 -0.9 68
Lappeenranta 1,573 138.0 1.3 3.1 151
Kotka 1,207 149.2 1.0 7.3 190
Kouvola 979 129.7 -2.3 0.2 127
Lahti 1,436 145.9 0.9 4.4 317
Hämeenlinna 1,617 144.5 2.9 4.0 127
Kuopio 1,752 148.2 0.6 0.4 214
Jyväskylä 1,640 130.2 0.3 6.2 180
Vaasa 1,374 128.2 1.9 5.4 96
Seinäjoki .. .. .. .. ..
Kokkola 1,064 135.5 6.5 5.8 23
Mikkeli 1,447 152.1 4.0 9.5 79
Joensuu 1,664 165.7 6.3 8.6 101
Oulu 1,534 129.0 -2.2 -2.4 213
Kajaani 1,086 122.3 -4.2 3.9 78
Rovaniemi 1,271 126.0 -1.4 6.0 96

1 The change per cent is calculated by using the index point figure. Change can not be calculated directly from the
average price per square meter due to differences in the structures of the data.
2 Nominal price index 2000=100
3 The division of Helsinki into regions is based on the classification of postal area codes. Precise division into regions is available on the Internet at www.tilastokeskus.fi/til/ashi/luo.html
4 Surrounding muncipalities = Hyvinkää. Järvenpää. Kerava. Kirkkonummi. Nurmijärvi. Riihimäki. Sipoo. Tuusula ja Vihti
.. = fewer than 20 completed transactions

Source: Price of dwellings 2007, 1st quarter. Statistics Finland

Inquiries: Ms Paula Paavilainen +358 9 1734 3397. Mr Petri Kettunen +358 9 1734 3558, asuminen.tilasto@stat.fi

Director in charge: Mr Kari Molnar

Tables

Tables in databases


Last updated 30.4.2007

Referencing instructions:

Official Statistics of Finland (OSF): Prices of dwellings in housing companies [e-publication].
ISSN=2323-8801. 1st quarter 2007. Helsinki: Statistics Finland [referred: 16.7.2019].
Access method: http://www.stat.fi/til/ashi/2007/01/ashi_2007_01_2007-04-30_tie_001_en.html