According to Statistics Finland, prices of old dwellings in housing companies fell in general by 0.2% in the six biggest cities and by 0.4 % in Greater Helsinki in August. Outside major cities, prices went up by 1.5 % compared to the corresponding period of the previous year.
In the whole country, prices fell by 1.4 % in August from July 2022 and rose by 0.4 % from the corresponding period in 2021.
Among large cities, prices rose most in Vantaa (2.4 %) and Espoo (1.9 %); whereas the fall in prices was biggest in Helsinki (-1.6 %) and Turku (-1.2 %) from one year ago.
In August, 9 % fewer transactions were made through real estate agents than one year ago.
Prices per square metre (EUR/m²), old dwellings in housing companies of Finland, August 2022
| Area | Price, EUR/m² | Monthly change, % | Annual change, % |
|---|---|---|---|
| Whole country | 2,818 | -1.4 | 0.4 |
| Greater Helsinki (metropolitan area surrounding Helsinki) | 4,731 | -1.0 | -0.4 |
| Rest of the country (whole country excluding Greater Helsinki) | 2,065 | -1.7 | 1.3 |
| Major cities (total) | 4,009 | -1.9 | -0.2 |
| Whole country excluding major cities | 1,824 | -0.4 | 1.5 |
| Satellite municipalities * | 2,366 | -0.8 | -1.1 |
| Helsinki | 5,520 | -1.5 | -1.6 |
| Espoo-Kauniainen | 4,176 | -1.8 | 1.9 |
| Vantaa | 3,212 | 3.7 | 2.4 |
| Tampere | 3,175 | -0.5 | 0.9 |
| Turku | 2,686 | -9.5 | -1.2 |
| Oulu | 2,358 | -5.9 | 1.7 |
*Satellite municipalities = Hyvinkää, Järvenpää, Kerava, Kirkkonummi, Nurmijärvi, Riihimäki, Sipoo, Tuusula and Vihti
Source: You can find full statistic data at Statistics Finland website
Published 08.10.2022, FINREPO