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Latest publication: Real estate prices 2019, 3rd quarter

Published: 11 March 2016

Prices of old detached houses rose by 1.1 per cent year-on-year in October to December

In the fourth quarter of 2015, prices for old single-family houses grew by an average of 1.1 per cent from the previous year in the whole country. In Greater Helsinki, prices went up by 3.5 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 remained almost unchanged 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 detached houses was EUR 1,544 in the fourth quarter of 2015. In Greater Helsinki, the average price per square metre of single-family houses was EUR 3,090. In the rest of the country, the average price per square metre was EUR 1,449.

In the fourth quarter of 2015, prices of detached house plots fell by 2.6 per cent in the whole country from the year before. From the previous quarter, prices of plots increased by 13.2 per cent. The average price per square metre for a detached house plot was EUR 24.6 in the whole country and the average plot size was 2,368 square metres.

In the fourth quarter of 2015, prices for new single-family houses rose by an average of 0.9 per cent from the previous year in the whole country. Compared with the previous quarter, prices rose by 0.4 per cent. The data for new detached houses are based on the building 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: Martti Korhonen 029 551 3451, Outi Hautamäki 029 551 3472, asuminen.hinnat@stat.fi

Director in charge: Ville Vertanen

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Updated 11.03.2016

Referencing instructions:

Official Statistics of Finland (OSF): Real estate prices [e-publication].
ISSN=2342-8902. 4th quarter 2015. Helsinki: Statistics Finland [referred: 5.12.2019].
Access method: http://www.stat.fi/til/kihi/2015/04/kihi_2015_04_2016-03-11_tie_001_en.html