Capital region housing market disappoints despite signs of stabilization elsewhere

The latest housing market data reveals a disappointing trend in Finland’s capital region, particularly in Helsinki, according to Senior Economist Veera Holappa of Pellervo Economic Research (PTT). While there are signs that the housing market may have bottomed out nationally, the situation in the capital area remains concerning.

Preliminary figures from Statistics Finland show that the prices of old apartments across the country fell by 2.6% in July