Published: 30 July 2007
Prices of dwellings rose in April to June
According to preliminary data, prices of dwellings rose during the second quarter of 2007. The prices of dwellings in old blocks of flats rose by an average of 1.3 per cent in the whole country when compared with the previous quarter. In Greater Helsinki prices went up by 1.1 per cent and in the rest of Finland by 1.5 per cent. These data derive from the statistics on the prices of dwellings compiled by Statistics Finland on the basis of the Tax Administration's data. Preliminary data comprise roughly two-thirds of the transactions in dwellings in old blocks of flats and in terraced housing.
In Helsinki the prices of dwellings in old blocks of flats rose by 1.3 per cent, in Vantaa by 1.1 per cent and in Espoo by 0.3 per cent from the previous quarter. In Tampere prices went up by 3.0 per cent, in Lahti by 2.6 per cent, in Oulu by 2.1 per cent, in Kuopio by 1.4 per cent and in Turku and Jyväskylä by 0.9 per cent.
The prices of dwellings in old blocks of flats rose in the whole country by an average of 6.3 per cent from the year before. In Greater Helsinki prices went up by 7.5 per cent and in the rest of Finland by 5.0 per cent.
Real price index of dwellings in old blocks of
flats by quarter
I/1970-II/2007, 1970=100 (according to the Cost-of-living
index)
Unencumbered average selling prices of dwellings in old blocks of flats per square metre, index figures for the 2nd quarter 2007 and changes1 from the 1st quarter 2007 and the 2nd quarter 2006. The data are preliminary.
Region |
Average price e/m2 2007/2 |
Index2
point figure 2007/2 |
Change in index, % 2007/1-2007/2 |
Change in index, % 2006/2-2007/2 |
Number of transactions 2007/2 |
| Whole country | 1,963 | 147.8 | 1.3 | 6.3 | 8,490 |
| Greater Helsinki | 2,971 | 152.4 | 1.1 | 7.5 | 2,925 |
| Rest of country | 1,438 | 143.3 | 1.5 | 5.0 | 5,565 |
| Uusimaa | 2,780 | 151.8 | 1.2 | 7.2 | 3,558 |
| Itä-Uusimaa | 1,864 | 170.4 | 6.8 | 8.9 | 74 |
| Varsinais-Suomi | 1,508 | 154.7 | 0.7 | 6.1 | 621 |
| Satakunta | 1,090 | 133.2 | -0.5 | 2.4 | 269 |
| Kanta-Häme | 1,352 | 145.1 | 5.5 | 10.0 | 192 |
| Pirkanmaa | 1,752 | 148.6 | 1.7 | 6.0 | 861 |
| Päijät-Häme | 1,347 | 143.1 | 1.4 | 3.5 | 494 |
| Kymenlaakso | 1,093 | 144.4 | 4.5 | 7.6 | 336 |
| South Karelia | 1,362 | 132.3 | -1.2 | 1.0 | 231 |
| Etelä-Savo | 1,200 | 140.3 | -1.6 | 5.6 | 182 |
| Pohjois-Savo | 1,458 | 149.0 | 1.6 | 3.4 | 374 |
| North Karelia | 1,434 | 154.7 | 4.6 | 7.9 | 165 |
| Central Finland | 1,432 | 130.8 | 0.8 | 4.1 | 367 |
| South Ostrobothnia | 1,159 | 132.6 | -3.0 | 6.7 | 63 |
| Ostrobothnia | 1,337 | 131.1 | 1.3 | 6.3 | 119 |
| Central Ostrobothnia | 1,129 | 146.1 | 5.3 | 24.5 | 45 |
| North Ostrobothnia | 1,466 | 131.0 | 1.9 | 1.1 | 311 |
| Kainuu | 1,078 | 115.5 | -3.5 | -4.1 | 73 |
| Lapland | 1,033 | 124.9 | 3.9 | 3.2 | 155 |
| Helsinki 3 | 3,290 | 155.1 | 1.3 | 8.3 | 1,946 |
| Helsinki-1 | 4,504 | 159.2 | -0.1 | 8.8 | 292 |
| Helsinki-2 | 3,432 | 157.6 | 2.7 | 8.8 | 931 |
| Helsinki-3 | 2,546 | 149.4 | 0.3 | 7.5 | 309 |
| Helsinki-4 | 2,178 | 143.4 | 1.0 | 6.5 | 414 |
| Espoo-Kauniainen | 2,437 | 145.0 | 0.3 | 4.8 | 486 |
| Vantaa | 1,961 | 142.2 | 1.1 | 5.2 | 493 |
| Surrounding muncipalities 4 | 1,652 | 144.3 | 1.5 | 4.1 | 504 |
| Porvoo | 2,110 | 172.7 | 7.7 | 7.1 | 64 |
| Tampere | 1,989 | 152.7 | 3.0 | 6.9 | 601 |
| Turku | 1,682 | 161.4 | 0.9 | 6.8 | 376 |
| Pori | 1,172 | 136.0 | 0.8 | 3.0 | 162 |
| Rauma | 1,098 | 133.1 | -0.6 | 1.2 | 77 |
| Lappeenranta | 1,609 | 139.8 | 1.3 | 3.5 | 154 |
| Kotka | 1,213 | 152.8 | 3.4 | 8.2 | 147 |
| Kouvola | 1,038 | 136.7 | 4.8 | 5.0 | 118 |
| Lahti | 1,437 | 146.4 | 2.6 | 3.2 | 383 |
| Hämeenlinna | 1,641 | 151.2 | 6.2 | 10.5 | 104 |
| Kuopio | 1,718 | 153.2 | 1.4 | 3.5 | 272 |
| Jyväskylä | 1,673 | 133.7 | 0.9 | 4.5 | 246 |
| Vaasa | 1,470 | 133.5 | 1.1 | 7.1 | 85 |
| Seinäjoki | 1,309 | 134.5 | -3.2 | 5.5 | 38 |
| Kokkola | 1,168 | 151.8 | 5.7 | 27.8 | 42 |
| Mikkeli | 1,554 | 151.9 | -0.7 | 7.0 | 101 |
| Joensuu | 1,748 | 167.4 | 3.9 | 8.9 | 109 |
| Oulu | 1,561 | 132.3 | 2.1 | 0.6 | 247 |
| Kajaani | 1,070 | 123.3 | -0.8 | -2.4 | 63 |
| Rovaniemi | 1,142 | 128.4 | 5.2 | 5.0 | 88 |
1 The change per cent is calculated by
using the index point figure. Change can not be calculated directly
from the
average price per square meter due to differences in the structures
of the data.
2 Nominal price index 2000=100
3 The division of Helsinki into regions
is based on the classification of postal area codes. Precise
division into regions is available on the Internet at www.tilastokeskus.fi/til/ashi/luo.html
4 Surrounding muncipalities = Hyvinkää.
Järvenpää. Kerava. Kirkkonummi. Nurmijärvi. Riihimäki. Sipoo.
Tuusula ja Vihti
.. = fewer than 20 completed transactions
Source: Price of dwellings 2007, 2nd quarter. Statistics Finland
Inquiries: Ms Paula Paavilainen +358 9 1734 3397. Mr Petri Kettunen +358 9 1734 3558, asuminen.tilasto@stat.fi
Director in charge: Mr Kari Molnar
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Last updated 30.7.2007
Official Statistics of Finland (OSF):
Prices of dwellings in housing companies [e-publication].
ISSN=2323-8801. 2nd quarter 2007. Helsinki: Statistics Finland [referred: 22.12.2024].
Access method: http://www.stat.fi/til/ashi/2007/02/ashi_2007_02_2007-07-30_tie_001_en.html