Prices of old one-dwelling houses fell by 7.6 per cent in 2023

release | Real estate prices 2023

According to Statistics Finland, prices of old single-family houses fell by 7.6 per cent in the whole country in 2023. Eighteen per cent fewer transactions of old one-dwelling houses were made than in the previous year. Prices of one-dwelling house plots fell by six per cent and transactions by 35 per cent over the year.

Key selections

  • In Greater Helsinki, prices of old one-dwelling houses fell by 9.1 per cent and in the rest of the country by 7.3 per cent during 2023.
  • Prices of old one-dwelling houses fell most in Eastern Finland from one year back, by 11.4 per cent. The fall in prices was smallest in Northern Finland, 2.4 per cent.
  • Transactions of old one-dwelling houses decreased most in Greater Helsinki and large towns. The numbers of transactions decreased most moderately in municipalities of under 20,000 inhabitants.
  • Prices of one-dwelling house plots fell by nearly 12 per cent in municipalities with under 20,000 inhabitants. In larger municipalities prices fell only by a few per cent.
  • Prices of new one-dwelling houses rose by 2.0 per cent in 2023.

Figures

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Development of prices in single family house plots 2015-2023, index 2015=100

Tables

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Prices per square metre, averages areas and numbers of old single family houses 2023

Prices per square metre, averages areas and numbers of single family house plots 2023

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Updated database tables
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    Documentation

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    Go to documentation of the statistics

    Referencing instructions

    Official Statistics of Finland (OSF): Real estate prices [online publication].
    Reference period: 2023. ISSN=2342-8902. Helsinki: Statistics Finland [Referenced: 16.11.2024].
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    Petri Kettunen
    Statistician
    029 551 3558

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    Elina Peltoniemi
    Senior Statistician
    029 551 3088

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    Hannele Orjala
    Head of Department in charge
    029 551 3582