OP cuts house price forecast for this year, raises it for next year

THE FINNISH real estate market has taken a turn for the better after a languid first half of the year, views OP Financial Group.

OP on Tuesday revealed that it has revised up its forecast for house price growth in 2025 from 2.0 to 2.8 per cent but also scaled back its expectations for this year, estimating that the prices would fall by 2.0 per cent, rather than the previously forecast 1.5 per cent, in 2024.