According to Statistics Finland's data, prices of old dwellings in housing companies rose by 1,4 % in Greater Helsinki compared to May 2019 and decreased by 3,5 % in the rest of Finland. Compared to April 2020, prices remained nearly unchanged in the whole country. Based on the data from transactions made through real estate agents, around 30% less transactions of old dwellings were made in May compared with the corresponding period last year.
According to preliminary data, of large towns prices rose by 2,1% in Helsinki and by 1,3 % in Tampere compared with the corresponding period of last year. Prices in Espoo, Vantaa and Turku remained almost unchanged compared with the corresponding period of last year.
Prices per square metre (EUR/m²) of old dwellings in housing companies, May 2020, Finland
| Area | Price, EUR/m² | Yearly change, % |
|---|---|---|
| Whole country | 2,129 | -1,1 |
| Greater Helsinki (metropolitan area surrounding Helsinki) | 3,846 | 1,4 |
| Rest of the country (whole country - Greater Helsinki) | 1,630 | -3,5 |
| Satellite municipalities * | 2,093 | -2,7 |
| Helsinki | 4,396 | 2,1 |
| Espoo-Kauniainen | 3,652 | 0,6 |
| Vantaa | 2,752 | -0,6 |
| Tampere | 2,624 | 1,3 |
| Turku | 2,092 | 0,2 |
| Oulu | 1,801 | -3,0 |
*Satellite municipalities = Hyvinkää, Järvenpää, Kerava, Kirkkonummi, Nurmijärvi, Riihimäki, Sipoo, Tuusula and Vihti
Source: You can find full statistic data at Statistics Finland website
Published 10.07.2020, FINREPO