Housing price index

Last updated 02/10/2018 - 16:57

Prices of pre-owned flats on the rise

In October–December, the prices of pre-owned flats in the Helsinki Metropolitan Area increased by 3.3 per cent from the previous year, with the average price per square metre being EUR 4,020. Compared to 2010, the prices had increased by 20 per cent. In Finland outside of the Helsinki Metropolitan Area, housing prices increased only one per cent from the previous year during the final quarter of last year, the average price per square metre being EUR 1,711. Compared to 2010, the increase was 3 per cent.

The increase in prices was greatest in Helsinki, where the prices of pre-owned flats grew by 3.9 per cent in last October–December from the previous year. In Espoo, the prices increased by 1.9 per cent. In Vantaa, the prices of second-hand flats increased by 1.1 per cent compared to October–December of 2016. In the KUUMA municipalities, the prices remained on the same level as in the previous year, the average price per square metre being EUR 1,946. The average price per square metre was EUR 4,569 in Helsinki, EUR 3,315 in Espoo and EUR 2,454 in Vantaa.

In Finland, beyond the Helsinki Metropolitan Area, the prices of pre-owned flats remained nearly unchanged, increasing by a mere one per cent, with an average price per square metre of EUR 1,710.