Preliminary data show expected rebound in house prices in Finland

THE PRICES of old dwellings in housing companies crept up by 0.4 per cent year-on-year in October, reveal preliminary data published by Statistics Finland on Thursday. The last time the prices of old dwellings rose on a year-on-year basis was over two years ago – in September 2022.

The data indicate that the prices rose by 0.5 per cent in the six largest cities, with the change ranging from a drop of 1.9 per cent in Tampere to a jump of 6.0 per cent in Turku.