Prices of old dwellings in housing companies continued to fall in January to March 2025

Prices of old dwellings in housing companies decreased across the country

In January to March 2025 prices of old dwellings in housing companies decreased by 1.3 per cent in large towns and in the rest of the country. Prices declined in all large towns relative to a year ago. Prices fell most in Turku (-2.0%) and in Helsinki (-1.8%).

Of the regional centres, prices of old dwellings in housing companies went up year-on-year most in Kajaani (6.7%), in Kokkola (5.5%) and in Pori (5.1%). Prices declined most in Mikkeli (-14.3%) and in Joensuu (-7.7%).

Prices of old dwellings in blocks fell in the whole country

In the first quarter of 2025, prices of old dwellings in terraced houses decreased in the whole country by 1.5 per cent from a year ago. The fall in prices was more moderate in Greater Helsinki than elsewhere in the country.

In old blocks of flats prices decreased most for small dwellings in the whole country. Prices of one-room flats decreased by 2.5 per cent and those of two-room flats by 0.9 per cent. Prices of family dwellings decreased by 0.9 per cent.

Prices of old dwellings in blocks of flats decreased more in Greater Helsinki than elsewhere in the country compared with one year back. Prices of one-room flats in Greater Helsinki decreased by 3.2 per cent, those of two-room flats by 1.3 per cent and prices of family dwellings by 1.0 per cent.

Outside Greater Helsinki prices of one-room flats decreased by 1.7 per cent, those of two-room flats by 0.5 per cent and prices of family dwellings by 0.9 per cent.

Prices of new dwellings in housing increased

In the first quarter of 2025, prices of new dwellings in housing companies increased by 1.6 per cent in the whole country compared with the corresponding period of the previous year. In all, 8 per cent fewer sales were made than one year earlier.

Prices of new dwellings increased by 3.4 per cent from one year ago in Greater Helsinki. In the rest of the country prices decreased by 0.7 per cent. Prices of new dwellings in terraced houses decreased in the whole country by 4.9 per cent, and those of dwellings in blocks of flats increased by 3.7 per cent.