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Price of old house goes down by 2.4% in Helsinki in Q2

Published : 04 Sep 2019, 20:41

  DF Report

File Photo : Jutta Heinäaho/Simo Karisalo/ City of Helsinki.

The prices of old single-family houses in greater Helsinki went down by 2.4 per cent and in the rest of the country they rose by 0.3 per cent in the second quarter of this year, according to Statistics Finland.

Compared with the previous quarter, prices of old single-family houses increased by 2.7 per cent. These data derive from Statistics Finland’s Index of real estate prices, which is compiled by utilising data from the real estate transaction register of the National Land Survey of Finland.

In the whole country, the average price per square metre for old single-family houses was EUR 1,610 in the second quarter of 2019.

In Greater Helsinki, the average price per square metre of single-family houses was EUR 3,075. In the rest of the country, the average price per square metre was EUR 1,484.

In the second quarter of 2019, prices of detached house plots fell by 6.0 per cent in the whole country from the year before. From the previous quarter, prices of plots fell by 2.7 per cent.

In the second quarter of 2019, prices for new single-family houses rose by 2.8 per cent from the previous year in the whole country.

Compared with the previous quarter, prices rose by 0.8 per cent.