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1. Prices of dwellings in blocks of flats rose in April to June period

According to preliminary data, the prices of old dwellings in blocks of flats rose by 1.4 per cent in the whole country compared to the previous quarter. Prices went up by 1.3 per cent in Greater Helsinki and by 1.4 per cent elsewhere in Finland. Compared with the corresponding quarter of 2012, prices rose by 3.3 per cent in the whole country. In Greater Helsinki, prices went up by 5.1 per cent and in the rest of the country by 1.4 per cent.

Figure 1. Quarter-on-quarter changes in prices of dwellings in old blocks of flats

Viewed by type of apartment, prices of one-room flats increased by most from the previous quarter in Greater Helsinki by 1.4 per cent and in the rest of Finland prices of one-room flats remained unchanged. Over the same period, prices of two-room flats rose by 1.7 per cent in Greater Helsinki and by 0.7 per cent in the rest of the country. Prices of three-room and larger flats went up by 1.0 per cent in Greater Helsinki and by 2.2 per cent in the rest of the country.

In the second quarter of 2013, the average price per square metre of an old dwelling in a block of flats was EUR 2,378 in the whole country, EUR 3,640 in Greater Helsinki and EUR 1,679 elsewhere in Finland.

Prices of new dwellings in blocks of flats went up by 0.6 per cent from the previous quarter in the whole country. In Greater Helsinki, prices rose by 3.6 per cent, while in the rest of Finland they fell by 1.4 per cent. Examined by major region, prices fell most in Eastern Finland, by 6.0 per cent. In Southern Finland, prices rose by 5.2 per cent and in Western Finland by 0.3 per cent. Compared with the corresponding period of 2012, prices of new dwellings in blocks of flats went up by 1.5 per cent in the whole country. In Greater Helsinki, prices went up by 4.7 per cent, but in the rest of Finland they went down by 0.7 per cent. Examined by major region, prices rose in Western Finland, by 6.0 per cent. Prices fell most in Eastern Finland, by 8.8 per cent.

In the second quarter of 2013, the average price per square metre of a new dwelling in a block of flats was EUR 3,755 in the whole country, EUR 4,942 in Greater Helsinki and EUR 3,202 elsewhere in Finland.

Source: Prices of dwellings in housing companies. Statistics Finland

Inquiries: Petri Kettunen 09 1734 3558, Martti Korhonen 09 1734 3451, asuminen@stat.fi

Director in charge: Leena Storgårds

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Updated 26.7.2013