Home > Statistics > Prices of dwellings in housing companies > 2009 > 1st quarter > 1.Prices of blocks of flats unchanged in first quarter

1.Prices of blocks of flats unchanged in first quarter

According to preliminary data prices of old blocks of flats an anerage remained unchanged in the whole country from previous quarter. In Greater Helsinki prices went down by 1,5 per cent and in the rest of the country prices went up by 1,6 per cent. Average price per square metre in old blocks of flats was in whole Country EUR 1,831, in Greater Helsinki EUR 2,708 euro and in the rest of country EUR 1,419. From previous year prices went down by 5,0 in whole Country, in Greater Helsinki by 6,7 per cent and in the rest of country by 3,1 per cent.The information is from Statistics Finland’s quarterly house price statistics based on data from the Tax Authorities. Preliminary data comprise roughly two-thirds of completed transactions in dwellings in old blocks of flats and in terraced houses.

In Helsinki prices went down by 2,2 per cent.In Espoo-Kauniainen prices went up by 0,9 per cent and in Vantaa by 0,1 per cent In Greater Helsinki prices of multiple room apartments went down by 2,9 per cent. In Tampere prices went down by 0,8 per cent and in Oulu by 0,1 per cent. In Turku prrices went up by 4,9 per cent and in Kuopio by 1,0 per cent In Lahti prices went up by 2,4 per cent and in Jyväskylä by 0,9 per cent from previous quarter.

The prices of dwellings in new blocks of flats went down in whole country by 1,6 per cent, in Greater Helsinki prices went up by 1.9 per cent and in the rest of country prices went down by 4,0 per cent from previous quarter. In Greater Helsinki average price of square metre was EUR 3,630 and in the rest of the country EUR 2,712.

From the year before the prices of dwellings in new blocks of flats went down in the whole country by an average 4,9 per cent. In Greater Helsinki prices went up by 6,1 per cent an in the rest of Country by 4,0 per cent. The data are based on the price information of the largest building contractors and real estate agents.

Source: Prices of dwellings, Statistics Finland

Inquiries: Petri Kettunen (09) 1734 3558, Paula Paavilainen (09) 1734 3397, asuminen@stat.fi

Director in charge: Kari Molnar

---

Updated 13.05.2009