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4. House price development elsewhere

In the fourth quarter of 2011, prices of dwellings have risen most year-on-year in Estonia, by 12.4 per cent. In Spain, Greece, the United States and in Russian urban areas prices of dwellings have gone down. In Britain, the prices remained almost unchanged. The sources used in the table are national statistics agencies, unless otherwise mentioned.

Table 1. Changes in prices of dwellings in different countries, 4th quarter 2011

Maa Year–on–year change, % Quarter-on-quarter change, %
Great Britain -0.2 -1.1
Spain, new dwellings -8.6 -4.1
Spain, old dwellings -13.7 -4.3
Greece, new dwellings 1) -5.4 -4.0
Greece, old dwellings -6.2 -2.2
Norway 8.0 -0.4
France 4.3 -0.6
Sweden -2.0 -3.0
Germany, new dwellings 2) 4.2 1.8
Germany, old dwellings 5.7 3.9
United States 3) -2.4 -0.1
Russia, new dwellings -9.3 1.8
Russia,old dwellings -19.6 2.4
Estonia 12.4 1.4
1) Source: Greece's Central Bank
2) Source: Germany, Hypoport AG
3) Source: Federal Housing Finance Agency (FHFA)

The compilation of statistics on dwelling prices is currently being developed in several EU countries. The above data have been collected from a number of sources. They are not necessarily mutually comparable or comparable with data compiled on Finland.


Source: Prices of Dwellings, Statistics Finland

Inquiries: Petri Kettunen 09 1734 3558, Tomi Martikainen 09 1734 3632, asuminen.tilasto@stat.fi

Director in charge: Kari Molnar


Updated 27.4.2012

Referencing instructions:

Official Statistics of Finland (OSF): Prices of dwellings in housing companies [e-publication].
ISSN=2323-8801. March 2012, 4. House price development elsewhere . Helsinki: Statistics Finland [referred: 16.11.2024].
Access method: http://www.stat.fi/til/ashi/2012/03/ashi_2012_03_2012-04-27_kat_004_en.html