Prices for older apartments and terraced homes unburdened by debt increased across the country in May, Finland’s statistical office said Friday.
The increase in demand for such valued properties was greatest in Helsinki, where prices rose 1.9 percent compared to April. In other parts of the country, the increase was more modest at 0.6 percent, reining in the average price increase across the country to 1.6 percent.
At the same time last year, prices for debt-free older properties had increased some 2.1 percent in the Helsinki region, compared to just 1.3 percent in other parts of the country.
The average price for such older properties across Finland was 2,127 euros per square metre, while the average price in Helsinki and environs was 3,337 metres per square metre and 1,653 in other parts of the country.