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Latest publication: Real estate prices 2019, 3rd quarter

Published: 4 September 2015

Prices of old detached houses grew by 1.9 per cent year-on-year in April to June

In the second quarter of 2015, prices for old single-family houses grew by an average of 1.9 per cent from the previous year in the whole country. In Greater Helsinki, prices went up by 11.3 per cent from the corresponding period last year and in the rest of the country by 0.8 per cent. Compared with the previous quarter, prices of old dwellings in detached houses increased by an average of 3.3 per cent in the whole country. These data derive from Statistics Finland’s Index of real estate prices, which is compiled by utilising data from the real estate transaction register of the National Land Survey of Finland.

Development of prices in old detached houses, index 2005=100

Development of prices in old detached houses, index 2005=100

In the whole country, the average price per square metre of old single-family houses was EUR 1,596 in the second quarter of 2015. In Greater Helsinki, the average price per square metre of detached houses was EUR 3,224. In the rest of the country, the average price per square metre was EUR 1,493.

In the second quarter of 2015, prices of detached house plots fell by 11.1 per cent in the whole country from the year before. From the previous quarter, prices of plots increased by 0.2 per cent. The average price per square metre for a single-family house plot was EUR 23.9 in the whole country and the average plot size was 1,961 square metres.

In the second quarter of 2015, prices for new single-family houses rose by 0.4 per cent from the previous year in the whole country. Compared with the previous quarter, prices increased by 0.1 per cent. The data for new detached houses are based on the construction price index and price data describing professional and own-account construction.

Development of prices in new detached houses, index 2010=100

Development of prices in new detached houses, index 2010=100

Source: Real estate prices, Statistics Finland

Inquiries: Petri Kettunen 029 551 3558, Jaana Hellman 029 551 2661, asuminen.hinnat@stat.fi

Director in charge: Ville Vertanen

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Updated 4.9.2015

Referencing instructions:

Official Statistics of Finland (OSF): Real estate prices [e-publication].
ISSN=2342-8902. 2nd quarter 2015. Helsinki: Statistics Finland [referred: 14.12.2019].
Access method: http://www.stat.fi/til/kihi/2015/02/kihi_2015_02_2015-09-04_tie_001_en.html