House prices are rising again in Finland
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Finland's housing market looks set fair for 2016, having ended 2015 on a positive note. Although house price growth remains slow, construction activity has been rising. Also, the country's economy is picking up, a little.
In Q4 2015, the average price of old dwellings rose by 1.2% y-o-y (1.4% inflation-adjusted) to €2,274 (US$ 2,507) per square metre (sq. m.), based on figures from Statistics Finland.
Blocks of flats rose by 2% y-o-y to €2,431 (US$ 2,680) per sq. m.. Terraced houses stagnated with a 0.1% increase, to €2,077 (US$ 2,290) per sq. m.
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