Finnish housing market slowing
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Finland’s residential housing market has slowed sharply, with the economy in danger of recession, due to the eurozone crisis.
During the year to May 2012, the average price of old dwellings in blocks of flats and terraced houses in Finland rose by 1.7% to €2,127 per square meter (sq. m.), according to Statistics Finland. However, when adjusted for inflation, property prices actually dropped by 1.2% over the same period.
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