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2. Prices of dwellings in terraced houses rose in the April to June period

According to preliminary data, prices of old dwellings in terraced houses rose by an average of 1.6 per cent from the previous quarter in the whole country. Prices rose by 2.9 per cent in Greater Helsinki and by 0.7 per cent elsewhere in Finland. Compared with the corresponding period of 2015, prices of old dwellings in terraced houses remained more or less unchanged in the whole country. In Greater Helsinki, prices went up by 1.1 per cent, while in the rest of the country prices went down by 0.6 per cent.

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

In the second quarter of 2016, the average price per square metre of an old dwelling in a terraced house was EUR 2,111 in the whole country, EUR 3,309 in Greater Helsinki and EUR 1,715 elsewhere in Finland.

Prices of new dwellings in terraced houses rose by 2.5 per cent from the previous quarter in the whole country. Prices went up by 0.7 per cent in Greater Helsinki and by 3.2 per cent in the rest of Finland. Compared with the corresponding period of 2015, prices of new dwellings in terraced houses fell by an average of 1.8 per cent in the whole country. In Greater Helsinki, prices went down by 3.2 per cent, while in the rest of Finland they increased by 3.6 per cent.

In the second quarter of 2016, the average price per square metre for a new dwelling in a terraced house was EUR 2,904 in the whole country, EUR 3,799 in Greater Helsinki and EUR 2,703 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 28.7.2016