Published: 28 December 2018

Prices of old dwellings in housing companies fell in Tampere in November

According to Statistics Finland's preliminary data, prices rose by 1.5 per cent in Greater Helsinki from October to November, and remained more or less unchanged in the rest of the county. Of large towns, prices went up most in Espoo, by five per cent. Prices in Helsinki have been at the same level already for several months. Prices fell by 4.5 per cent in Tampere.

Development of prices of old dwellings in housing companies by month, index 2015=100

Development of prices of old dwellings in housing companies by month, index 2015=100

Compared with the corresponding period of the year before, prices rose by three per cent in Greater Helsinki and fell by around one per cent elsewhere in Finland. From the year before, prices rose most in Turku, by around six per cent and in Helsinki, by slightly over three per cent.

In November 2018, the average price per square metre of an old dwelling in a housing company was EUR 3,752 in Greater Helsinki and EUR 1,610 elsewhere in the country. The average price per square metre was EUR 4,298 in Helsinki, EUR 2,545 in Tampere and EUR 1,748 in Oulu.

According to data available to Statistics Finland, 53,849 transactions of old dwellings in housing companies were made in the whole country in January to November. The number of transactions was 15,607 in Greater Helsinki and 37,898 in the rest of Finland. In the corresponding period of last year, 55,379 transactions were recorded in the whole country. In Greater Helsinki, the number of transactions was 16,217 and in the rest of Finland 39,162.

When the monthly statistics on prices of dwellings in housing companies are published, they cover approximately 50 per cent of all transactions made in the latest statistical reference month. The monthly data become revised during the following months so that the final data for the year are published in the release concerning the first quarter of the following year. Further information about data revisions can be found in separate tables. It is not recommended to use the latest month’s number of transactions when describing the activeness of trading.


Source: Prices of dwellings in housing companies, Statistics Finland

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

Director in charge: Mari Ylä-Jarkko

Publication in pdf-format (322.2 kB)

Tables

Tables in databases

Appendix tables

Quality descriptions
Revisions in these statistics

Updated 28.12.2018

Referencing instructions:

Official Statistics of Finland (OSF): Prices of dwellings in housing companies [e-publication].
ISSN=2323-8801. November 2018. Helsinki: Statistics Finland [referred: 20.1.2019].
Access method: http://www.stat.fi/til/ashi/2018/11/ashi_2018_11_2018-12-28_tie_001_en.html