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2. Prices of old dwellings in terraced houses fell in the January to March period

According to preliminary data, prices of old dwellings in terraced houses fell by an average of 1.0 per cent from the previous quarter in the whole country. Prices went down by 0.6 per cent in Greater Helsinki and by 1.3 per cent in the rest of Finland. Compared with the corresponding period of 2014, prices of old dwellings in terraced houses went down by 1.9 per cent in the whole country. In Greater Helsinki, prices went down by 2.0 per cent, and in the rest of the country by 1.7 per cent.

Figure 2. Quarter-on-quarter changes in prices of dwellings in old terraced houses

In the first quarter of 2015, the average price per square metre of an old dwelling in a terraced house was EUR 2,059 in the whole country, EUR 3,215 in Greater Helsinki and EUR 1,677 elsewhere in the country.

Prices of new dwellings in terraced houses rose by 2.3 per cent from the previous quarter in the whole country. Prices went up by 4.6 per cent in the capital region and by 1.5 per cent elsewhere in Finland. Compared with the corresponding period of 2014, prices of new dwellings in terraced houses rose by an average of 2.2 per cent in the whole country. Prices went up by 7.7 per cent in Greater Helsinki and by 0.3 per cent elsewhere in Finland.

In the first quarter of 2015, the average price per square metre for a new dwelling in a terraced house was EUR 2,830 in the whole country, EUR 3,759 in Greater Helsinki and EUR 2,622 elsewhere in Finland.

Prices of old dwellings in terraced houses decreased by 1.5 per cent in the whole country in 2014 compared with the year before. In Greater Helsinki, prices went down by 0.7 per cent and in the rest of the country by 2.0 per cent. The price per square metre of an old dwelling in a terraced house was EUR 3,252 in Greater Helsinki and EUR 1,710 elsewhere in Finland. Prices of new dwellings in terraced houses decreased by 0.3 per cent in the whole country. Prices went down by 0.2 per cent in Greater Helsinki, while in the rest of Finland prices went down by 0.3 per cent. The average price per square metre of a new dwelling in a terraced house was EUR 3,806 in Greater Helsinki and EUR 2,568 elsewhere in Finland.

Source: Prices of dwellings in housing companies, Statistics Finland

Inquiries: Petri Kettunen 029 551 3558, Jaana Hellman 029 551 2661, asuminen.hinnat@stat.fi

Director in charge: Mari Ylä-Jarkko

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Updated 29.4.2015