Preliminary stats: Housing prices decrease significantly in Capital Region

Preliminary data from Statistics Finland shows that the first months of 2016 have seen a significant drop in the prices of apartments in and around Helsinki. The decrease in prices is clearer there than in the rest of the country.

Asunnonkatsoja tutustuu asuntoon.
Prices drop by over 2 percent in Capital Region. Image: Anni Reenpää / Lehtikuva

Statistics Finland has released preliminary information showing that the price of housing went down in the Capital Region in January, 2016.

While prices fell 0.6 percent in the rest of the country, the Helsinki region saw its housing prices plummet by 2.1 percent. The price of apartments and semi-detached houses fell by 1.3 percent in January.

The region is still more expensive than the rest of the country: the average price of a condominium in the Capital Region was 3,414 euros/m2, while in the rest of Finland the average square metre price tag was 1681 euros.

The preliminary results are based on some 40 percent of all real estate transactions made in January.

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