Home > Statistics > Prices of dwellings in housing companies > 2014 > June > 1. Prices of dwellings in blocks of flats rose in the April to June period

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

According to preliminary data, the prices of old dwellings in blocks of flats rose by 1.1 per cent in the whole country compared to the previous quarter. Prices went up by 1.5 per cent in Greater Helsinki and by 0.6 per cent elsewhere in Finland. Compared with the corresponding quarter of 2013, prices rose by 0.8 per cent in the whole country. In Greater Helsinki, prices went up by 2.1 per cent, but in the rest of Finland they went down by 0.6 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 in Greater Helsinki went up by 1.0 per cent, while in the rest of Finland they went down by 0.7 per cent from the previous quarter. Over the same period, prices of two-room flats rose by 1.4 per cent in Greater Helsinki and by 0.6 per cent in the rest of the country. Prices of three-room and larger flats increased by 1.7 per cent in Greater Helsinki and by 0.9 per cent in the rest of the country.

In the second quarter of 2014, the average price per square metre of an old dwelling in a block of flats was EUR 2,439 in the whole country, EUR 3,788 in Greater Helsinki and EUR 1,692 elsewhere in Finland.

Prices of new dwellings in blocks of flats went up by 0.9 per cent from the previous quarter in the whole country. In Greater Helsinki, prices went down by 4.9 per cent, while in the rest of Finland they went up by 5.1 per cent. Compared with the corresponding period of 2013, prices of new dwellings in blocks of flats went up by 2.9 per cent in the whole country. In Greater Helsinki, prices went down by 2.0 per cent, while in the rest of Finland they went up by 6.4 per cent.

In the second quarter of 2014, the average price per square metre of a new dwelling in a block of flats was EUR 3,846 in the whole country, EUR 4,746 in Greater Helsinki and EUR 3,426 elsewhere in Finland.

Source: Prices of dwellings in housing companies, Statistics Finland

Inquiries: Petri Kettunen 029 551 3558, Elina Pääkkö 029 551 3385, asuminen@stat.fi

Director in charge: Leena Storgårds

---

Updated 28.7.2014