Prices of old dwellings raise in Helsinki in August

Prices of old dwellings in housing companies rose by 2.2 per cent in Greater Helsinki in August 2019 compared to August 2018 and decreased by 1.7 per cent in the rest of Finland, according to Statistics Finland.

Compared with July, prices rose by 0.5 per cent in Greater Helsinki and decreased by 1.1 per cent elsewhere in Finland.

According to preliminary data, among large cities, prices went up compared with the corresponding period of last year, by 3.7 per cent in Helsinki, by 3.2 per cent in Tampere and in Turku prices remained unchanged.

Compared with 2015, prices have risen by 14 per cent in Helsinki, by 11 per cent in Turku and by eight per cent in Tampere. The development of prices should always be examined in a longer period than one month (figure).

The average price per square metre of an old dwelling in a block of flats was EUR 4,708 in Helsinki, EUR 1,935 in Turku and EUR 2,543 in Tampere.