According to Statistics Finland, the prices of old dwellings in housing companies rose in July in all the largest cities and in all major regions except Western Finland compared with last year. Compared with June, prices fell in the whole country by 0.4 %
Among large cities, the prices of old dwellings in housing companies rose the most in Helsinki and Espoo compared with the corresponding period of last year. Since 2015, prices have risen by around 13% in Espoo and by nearly 26% in Helsinki.
In Greater Helsinki area, the prices of dwellings in blocks of flats (kerrostaloasunto) rose by 4.6 % and in terraced houses (rivitaloasunto) by 5.9 % from one year ago.
Examined by major region, the prices of old dwellings rose in July on the annual level most in Southern Finland. Compared to the year 2015, the prices have risen by 14 % in Southern Finland and remained almost unchanged in Northern and Western Finland. In Eastern Finland, the prices have fallen by almost 20%.
Prices per square metre (EUR/m²), old dwellings in housing companies of Finland, July 2021
| Area | Price, EUR/m² | Yearly change, % |
|---|---|---|
| Whole country | 2,304 | 3.1 |
| Greater Helsinki (metropolitan area surrounding Helsinki) | 4,151 | 5.0 |
| Rest of the country (whole country - Greater Helsinki) | 1,767 | 1.1 |
| Satellite municipalities * | 2,255 | -0.6 |
| Helsinki | 4,734 | 4.9 |
| Espoo-Kauniainen | 3,963 | 6.2 |
| Vantaa | 2,963 | 3.9 |
| Tampere | 2,766 | 2.7 |
| Turku | 2,560 | 4.4 |
| Oulu | 1,918 | 4.1 |
*Satellite municipalities = Hyvinkää, Järvenpää, Kerava, Kirkkonummi, Nurmijärvi, Riihimäki, Sipoo, Tuusula and Vihti
Source: You can find full statistic data at Statistics Finland website
Published 02.09.2021, FINREPO