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Published: 31 August 2012

Prices of dwellings fell slightly in July

According to Statistics Finland’s preliminary data, prices of dwellings in old blocks of flats and terraced houses fell by 0.5 per cent in the whole country compared with the previous month. In Greater Helsinki, prices went down by 0.7 per cent and in the rest of the country by 0.3 per cent. Compared with the corresponding period of the previous year, prices rose by 1.2 per cent in the whole country. In Greater Helsinki, prices went up by 2.4 per cent, while in the rest of the country prices remained nearly unchanged.

Development of prices of old dwellings by month, index 2010=100

In July 2012, the average price per square metre for an old dwelling in a housing company was EUR 2,125 in the whole country, EUR 3,341 in Greater Helsinki and EUR 1,647 elsewhere in the country.

When the monthly statistics on prices of dwellings are published they cover approximately 40 per cent of all transactions made in the latest statistical month. Monthly data become revised during the following months so that the final data for the year are published in the release concerning the first quarter of the following year. For further information about data revisions, see a separate table.The base year of the monthly index is 2010. Data by area starting from 2010 are available in the StatFin service: http://pxnet2.stat.fi/PXWeb/pxweb/fi/StatFin/StatFin__Asu__ashi/?tablelist=true (in Finnish only).

Source: Prices of Dwellings, Statistics Finland

Inquiries: Petri Kettunen 09 1734 3558, Petteri Rautaporras 09 1734 3472, asuminen@stat.fi

Director in charge: Kari Molnar

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Appendix tables

• Appendix table 1. Unencumbered average prices per square metre of old dwellings in housing companies, July 2012 (31.8.2012)
• Appendix table 2. Unencumbered average prices per square metre of blocks of flat, July 2012 (31.8.2012)
• Appendix table 3. Unencumbered average prices per square metre of terraced houses, July 2012 (31.8.2012)
• Appendix table 4. Unencumbered average prices per square metre of old dwellings in housing companies, June 2012 (31.8.2012)
• Appendix table 5. Unencumbered average prices per square metre of old dwellings in housing companies, May, 2012 (31.8.2012)

Quality descriptions

• Quality Description: Prices of Dwellings (31.8.2012)

Revisions in these statistics

• Revisions in these statistics (31.8.2012)

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Updated 31.8.2012