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2. Prices of old dwellings in terraced houses fell in July to September period

According to preliminary data, prices of old dwellings in terraced houses fell by an average of 0.5 per cent from the previous quarter in the whole country. In Greater Helsinki, prices went down by 1.1 per cent and in the rest of the country prices remained almost unchanged. Compared with the corresponding period of 2014, prices of old dwellings in terraced houses went down by 1.0 per cent in the whole country. In Greater Helsinki, prices went down by 0.8 per cent, and in the rest of the country by 1.1 per cent.

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

In the third quarter of 2015, the average price per square metre of an old dwelling in a terraced house was EUR 2,085 in the whole country, EUR 3,234 in Greater Helsinki and EUR 1,705 elsewhere in the country.

Prices of new dwellings in terraced houses rose by 1.2 per cent from the previous quarter in the whole country. In Greater Helsinki, prices fell by 3.2 per cent, while in the rest of Finland they went up 2.7 per cent. Compared with the corresponding period of 2014, prices of new dwellings in terraced houses rose by an average of 1.4 per cent in the whole country. In Greater Helsinki, prices fell by 4.4 per cent and in the rest of Finland prices rose by 3.5 per cent.

In the third quarter of 2015, the average price per square metre for a new dwelling in a terraced house was EUR 2,841 in the whole country, EUR 3,675 in Greater Helsinki and EUR 2,655 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: Ville Vertanen

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Updated 28.10.2015