Price of dwellings goes up in Aug

The prices of dwellings in old blocks of flats and terraced houses went up by 0.7 per cent in the whole country from July to August, according to Statistics Finland.

In Greater Helsinki, prices rose by 1.1 per cent and in the rest of the country by 0.3 per cent. Compared with the corresponding period of the previous year, prices grew by 1.4 per cent in the whole country. Prices went up by 2.6 per cent in Greater Helsinki and by 0.3 per cent in the rest of Finland from the previous year.

In August 2017, the average price per square metre of an old dwelling in a housing company was EUR 2,321 in the whole country, EUR 3,689 in Greater Helsinki and EUR 1,708 elsewhere in the country.

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 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.