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

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

Published: 30 October 2007

Dwelling transactions remained lively in July to September

According to preliminary data, prices of dwellings rose during the third quarter of 2007. The prices of dwellings in old blocks of flats rose by an average of 0.7 per cent in the whole country, when compared with the previous quarter. Prices went up by 0.7 per cent in Greater Helsinki and by 0.8 per cent in the rest of Finland. 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 0.2 per cent, in Espoo by 2.6 per cent and in Vantaa by 2.1 per cent from the previous quarter. In Turku prices went up by 1.0 per cent, in Lahti by 0.6 per cent, in Tampere by 0.4 per cent and in Oulu by 0.1 per cent. Prices fell in Jyväskylä by 1.0 per cent and in Kuopio by 0.6 per cent.

The prices of dwellings in old blocks of flats rose in the whole country by an average of 5.9 per cent from the year before. Prices went up by 6.9 per cent in Greater Helsinki and by 5.0 per cent in the rest of Finland.

The number of dwelling transactions grew by roughly 4 per cent from the corresponding quarter of the year before.

Real price index of dwellings in old blocks of flats by quarter
I/1970-III/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 3rd quarter 2007 and changes1,2 from the 2nd quarter 2007 and the 3rd quarter 2006. The data are preliminary.



Region
Average price
e/m2
2007/3
Index2 point figure
2007/3
Change in index, %
2007/2-2007/3
Change in index, %
2006/3-2007/3
Number of transactions
2007/3
Whole country 1,990 149.4 0.7 5.9 8,748
Greater Helsinki 3,017 154.5 0.7 6.9 2,826
Rest of country 1,454 144.3 0.8 5.0 5,922
Uusimaa 2,820 153.7 0.6 6.8 3,386
Itä-Uusimaa 1,897 170.1 0.9 11.5 75
Varsinais-Suomi 1,562 157.6 1.3 7.4 480
Satakunta 1,106 135.3 1.6 3.2 299
Kanta-Häme 1,389 147.7 1.8 9.1 244
Pirkanmaa 1,757 148.5 0.5 4.9 1,056
Päijät-Häme 1,317 144.4 0.6 3.5 477
Kymenlaakso 1,105 141.7 -1.4 3.5 371
South Karelia 1,359 135.4 3.1 3.2 212
Etelä-Savo 1,269 142.5 -0.1 5.4 256
Pohjois-Savo 1,476 150.8 0.9 3.8 380
North Karelia 1,428 149.8 -1.0 1.9 186
Central Finland 1,429 130.9 -0.1 1.7 394
South Ostrobothnia 1,109 137.6 4.8 5.9 69
Ostrobothnia 1,336 131.9 1.5 5.8 217
Central Ostrobothnia 1,188 144.0 -0.7 27.8 28
North Ostrobothnia 1,469 130.7 0.7 2.3 334
Kainuu 1,068 125.8 7.9 3.7 92
Lapland 1,112 127.3 0.5 2.7 192
Helsinki 3 3,321 156.3 0.2 6.8 1,845
Helsinki-1 4,604 162.0 1.0 7.4 281
Helsinki-2 3,417 157.2 -0.6 6.6 904
Helsinki-3 2,571 151.4 0.1 7.1 300
Helsinki-4 2,236 145.5 0.8 6.3 360
Espoo-Kauniainen 2,554 150.4 2.6 7.3 503
Vantaa 2,004 146.2 2.1 7.0 478
Surrounding municipalities 4 1,670 145.1 0.4 5.5 452
Porvoo 2,165 173.4 1.1 6.7 68
Tampere 1,983 152.1 0.4 4.8 768
Turku 1,729 163.4 1.0 7.3 218
Pori 1,183 137.9 2.0 4.6 175
Rauma 1,189 139.5 4.1 3.7 103
Lappeenranta 1,545 138.8 0.7 2.3 152
Kotka 1,247 149.1 -2.1 5.1 167
Kouvola 1,062 138.2 1.7 1.4 115
Hämeenlinna 1,665 153.5 1.5 8.7 135
Kuopio 1,729 152.7 -0.6 1.2 271
Jyväskylä 1,683 133.0 -1.0 1.9 278
Vaasa 1,465 133.7 0.3 6.5 163
Seinäjoki 1,284 141.5 5.9 8.5 46
Kokkola 1,232 149.5 -0.8 30.2 26
Mikkeli 1,550 153.9 1.3 3.9 118
Joensuu 1,735 163.1 0.4 2.8 128
Oulu 1,553 131.1 0.1 0.2 276
Kajaani 1,122 128.9 3.3 0.3 80
Rovaniemi 1,319 130.2 -1.1 3.7 109

1 The change per cent is calculated by using the index point figure. The 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 municipalities = Hyvinkää, Järvenpää, Kerava, Kirkkonummi, Nurmijärvi, Riihimäki, Sipoo, Tuusula and Vihti
.. = fewer than 20 completed transactions

Source: Price of dwellings 2007, 3rd quarter

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 30.10.2007

Referencing instructions:

Official Statistics of Finland (OSF): Prices of dwellings in housing companies [e-publication].
ISSN=2323-8801. 3rd quarter 2007. Helsinki: Statistics Finland [referred: 20.7.2019].
Access method: http://www.stat.fi/til/ashi/2007/03/ashi_2007_03_2007-10-30_tie_001_en.html