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Published: 27 September 2018

Prices of dwellings in housing companies fell in August

According to Statistics Finland’s preliminary data, prices of dwellings in old blocks of flats and terraced houses went down by 1.1 per cent in the whole country from July to August. In Greater Helsinki prices remained unchanged and in the rest of the country they fell by 2.2 per cent. Compared with the corresponding period of the previous year, prices remained almost unchanged in the whole country. In Greater Helsinki, prices went up by 2.2 per cent, while in the rest of Finland they went down by 2.3 per cent from the year before.

Development of prices of old dwellings in housing companies by month, index 2015=100

Development of prices of old dwellings in housing companies by month, index 2015=100

In August 2018, the average price per square metre of an old dwelling in a housing company was EUR 2,090 in the whole country, EUR 3,615 in Greater Helsinki and EUR 1,632 elsewhere in the country.

According to data available to Statistics Finland, 37,730 transactions of old dwellings in housing companies were made in the whole country in January to August. The number of transactions was 10,985 in Greater Helsinki and 26,466 in the rest of Finland. In the corresponding period of last year, 37,983 transactions were recorded in the whole country. In Greater Helsinki, the number of transactions was 10,979 and in the rest of Finland 27,004.

When the monthly statistics on prices of dwellings in housing companies are published, they cover approximately 50 per cent of all transactions made in the latest statistical reference month. The monthly data become revised during the following months so that the final data for the year are published in the release concerning the first quarter of the following year. Further information about data revisions can be found in separate tables. It is not recommended to use the latest month’s number of transactions when describing the activeness of trading.


Source: Prices of dwellings in housing companies, Statistics Finland

Inquiries: Petri Kettunen 029 551 3558, Elina Vuorio 029 551 3385, asuminen.hinnat@stat.fi

Director in charge: Mari Ylä-Jarkko

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Updated 27.9.2018

Referencing instructions:

Official Statistics of Finland (OSF): Prices of dwellings in housing companies [e-publication].
ISSN=2323-8801. August 2018. Helsinki: Statistics Finland [referred: 28.3.2024].
Access method: http://www.stat.fi/til/ashi/2018/08/ashi_2018_08_2018-09-27_tie_001_en.html