Prices of old dwellings drop in Nov

Prices of old dwellings in housing companies decreased throughout Finland in November, according to Statistics Finland.

In the whole country prices went down by 3.4 per cent from the previous year and by 1.2 per cent from October.

Among large towns, prices decreased most in Helsinki and Tampere, in Oulu prices were on level with the previous year.

In November, 38 per cent fewer sales of old dwellings in blocks of flats and terraced houses were made through real estate agents than one year earlier.

Prices of dwellings in blocks of flats fell in the whole country by 5.3 per cent and prices of dwellings in terraced houses increased by 1.3 per cent compared with one year ago.

Prices decreased by 5.0 per cent in the six largest towns and by 5.4 per cent in Greater Helsinki. Prices went down more moderately outside large towns.