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

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

Published: 30 July 2007

Prices of dwellings rose in April to June

According to preliminary data, prices of dwellings rose during the second quarter of 2007. The prices of dwellings in old blocks of flats rose by an average of 1.3 per cent in the whole country when compared with the previous quarter. In Greater Helsinki prices went up by 1.1 per cent and in the rest of Finland by 1.5 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 1.3 per cent, in Vantaa by 1.1 per cent and in Espoo by 0.3 per cent from the previous quarter. In Tampere prices went up by 3.0 per cent, in Lahti by 2.6 per cent, in Oulu by 2.1 per cent, in Kuopio by 1.4 per cent and in Turku and Jyväskylä by 0.9 per cent.

The prices of dwellings in old blocks of flats rose in the whole country by an average of 6.3 per cent from the year before. In Greater Helsinki prices went up by 7.5 per cent and in the rest of Finland by 5.0 per cent.

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

Unencumbered average selling prices of dwellings in old blocks of flats per square metre, index figures for the 2nd quarter 2007 and changes1 from the 1st quarter 2007 and the 2nd quarter 2006. The data are preliminary.



Region
Average price
e/m2
2007/2
Index2 point figure
2007/2
Change in index, %
2007/1-2007/2
Change in index, %
2006/2-2007/2
Number of transactions
2007/2
Whole country 1,963 147.8 1.3 6.3 8,490
Greater Helsinki 2,971 152.4 1.1 7.5 2,925
Rest of country 1,438 143.3 1.5 5.0 5,565
Uusimaa 2,780 151.8 1.2 7.2 3,558
Itä-Uusimaa 1,864 170.4 6.8 8.9 74
Varsinais-Suomi 1,508 154.7 0.7 6.1 621
Satakunta 1,090 133.2 -0.5 2.4 269
Kanta-Häme 1,352 145.1 5.5 10.0 192
Pirkanmaa 1,752 148.6 1.7 6.0 861
Päijät-Häme 1,347 143.1 1.4 3.5 494
Kymenlaakso 1,093 144.4 4.5 7.6 336
South Karelia 1,362 132.3 -1.2 1.0 231
Etelä-Savo 1,200 140.3 -1.6 5.6 182
Pohjois-Savo 1,458 149.0 1.6 3.4 374
North Karelia 1,434 154.7 4.6 7.9 165
Central Finland 1,432 130.8 0.8 4.1 367
South Ostrobothnia 1,159 132.6 -3.0 6.7 63
Ostrobothnia 1,337 131.1 1.3 6.3 119
Central Ostrobothnia 1,129 146.1 5.3 24.5 45
North Ostrobothnia 1,466 131.0 1.9 1.1 311
Kainuu 1,078 115.5 -3.5 -4.1 73
Lapland 1,033 124.9 3.9 3.2 155
Helsinki 3 3,290 155.1 1.3 8.3 1,946
Helsinki-1 4,504 159.2 -0.1 8.8 292
Helsinki-2 3,432 157.6 2.7 8.8 931
Helsinki-3 2,546 149.4 0.3 7.5 309
Helsinki-4 2,178 143.4 1.0 6.5 414
Espoo-Kauniainen 2,437 145.0 0.3 4.8 486
Vantaa 1,961 142.2 1.1 5.2 493
Surrounding muncipalities 4 1,652 144.3 1.5 4.1 504
Porvoo 2,110 172.7 7.7 7.1 64
Tampere 1,989 152.7 3.0 6.9 601
Turku 1,682 161.4 0.9 6.8 376
Pori 1,172 136.0 0.8 3.0 162
Rauma 1,098 133.1 -0.6 1.2 77
Lappeenranta 1,609 139.8 1.3 3.5 154
Kotka 1,213 152.8 3.4 8.2 147
Kouvola 1,038 136.7 4.8 5.0 118
Lahti 1,437 146.4 2.6 3.2 383
Hämeenlinna 1,641 151.2 6.2 10.5 104
Kuopio 1,718 153.2 1.4 3.5 272
Jyväskylä 1,673 133.7 0.9 4.5 246
Vaasa 1,470 133.5 1.1 7.1 85
Seinäjoki 1,309 134.5 -3.2 5.5 38
Kokkola 1,168 151.8 5.7 27.8 42
Mikkeli 1,554 151.9 -0.7 7.0 101
Joensuu 1,748 167.4 3.9 8.9 109
Oulu 1,561 132.3 2.1 0.6 247
Kajaani 1,070 123.3 -0.8 -2.4 63
Rovaniemi 1,142 128.4 5.2 5.0 88

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, 2nd 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 30.7.2007

Referencing instructions:

Official Statistics of Finland (OSF): Prices of dwellings in housing companies [e-publication].
ISSN=2323-8801. 2nd quarter 2007. Helsinki: Statistics Finland [referred: 17.7.2019].
Access method: http://www.stat.fi/til/ashi/2007/02/ashi_2007_02_2007-07-30_tie_001_en.html