Prices of old dwellings in housing companies decreased especially in Greater Helsinki in November 2022

release 29/12/2022 | Prices of dwellings in housing companies 2022, November

According to Statistics Finland's preliminary data, prices of old dwellings in housing companies decreased throughout Finland in November. In the whole country prices went down by 3.4 per cent from the previous year and by 1.2 per cent from October. Among large towns, prices decreased most in Helsinki and Tampere, in Oulu prices were on level with the previous year. In November, 38 per cent fewer sales of old dwellings in blocks of flats and terraced houses were made through real estate agents than one year earlier.

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Prices of old dwellings in housing companies decreased in November by 3.4 per cent in the whole country compared to one year back. Prices went down by 1.2 per cent from the previous month.
Prices of dwellings in blocks of flats fell in the whole country by 5.3 per cent and prices of dwellings in terraced houses increased by 1.3 per cent compared with one year ago.
Prices decreased by 5.0 per cent in the six largest towns and by 5.4 per cent in Greater Helsinki. Prices went down more moderately outside large towns.
Prices remained on level with the previous year only in Oulu, in the rest of the country prices went down.
In November, 38 per cent fewer sales of old dwellings in blocks of flats and terraced houses were made through real estate agents than one year earlier.