Housing market|According to Statistics Finland’s preliminary information, prices fell most in Turku and Vantaa.
Statistics Finland prior information The prices of old shareholdings were slipped in February. The fall was 1.4 per cent year -on -year and 0.5 % compared to January.
In large cities, prices fell more than the rest of the country. In six largest cities, prices fell by 1.7 per cent last year and by 0.9 per cent outside large cities.
The most prices fell in Turku, where the drop from last year was 5 %. In Vantaa, prices slipped by four percent.
However, in February, 34 % more of old blocks of flats and terraced houses were made through real estate agents than a year earlier.
However, the year -long comparison time will be affected by the boost of the home sales at the end of 2023, when first -time home buyers still had the opportunity to take advantage of the tax benefit, which had disappeared at the beginning of 2024.
“When the shops moved to the end of the year, the first year ago, the early part of the year was weaker, and the number of trading in previous years should also be viewed in the evaluation of the latest data,” recalls Hypo’s main economist Juho Keskinen in the bulletin.
Chief Economist of the Finnish Entrepreneurs Juhana Brotherus Keeps trading volumes still low.
“The housing trade was expected, even though the growth in last year’s pit is handsome. The shops are slowed down by buyers’ deep caution and, on the other hand, an unmatched credit for sellers,” Brotherus says in the release.
“Trade volumes are still 10 % below the normal level preceded by the corona.”