Old detached houses rose by more than five per cent from last year

The prices of detached houses rose the most in municipalities with a population of 20,000–60,000.

There were slightly fewer transactions for old detached houses in July-September than at the same time last year. Photo: Ismo Pekkarinen / AOP

In July – September, the prices of old detached houses rose by 5.5 per cent from the previous year, according to Statistics Finland. Compared to the second quarter, prices decreased by 0.9 percent.

The largest increase was in municipalities with a population of 20,000–60,000, where old detached houses rose by 8.9 per cent from the previous year. Among other things, the framework municipalities of the Helsinki metropolitan area fall into this fork. The frameworks of large cities have been major winners in Korona migration.

In municipalities with more than 100,000 inhabitants, prices rose by 5.8 per cent, in municipalities with 60,000 to 100,000 inhabitants by 3 per cent, and in municipalities with less than 20,000 inhabitants by 3.5 per cent. In the Greater Helsinki area, prices went up by 7.4 per cent from last year, but fell by 5.3 per cent from the previous quarter.

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In July – September, sales of old detached houses were 2 per cent lower than in the corresponding period of the previous year.

The average price per square meter of old detached houses in the whole country was EUR 1,727 in the third quarter. In the Greater Helsinki area, the price per square meter rose to EUR 3,557, while in municipalities with less than 20,000 inhabitants it was EUR 1,338.

The statistics cover detached houses on own land. In July to September, prices for new detached houses rose by 5.7 per cent from last year and by 3.4 per cent from the previous quarter.