Finnish House Prices Fall the Most Since at Least 2021
Properties in Kisko, Finland.
Photographer: Roni Rekomaa/BloombergThis article is for subscribers only.
Finnish housing market had its biggest slump since the pandemic, with economists saying the trough isn’t in sight yet amid plummeting transaction volumes.
Prices of old homes in Finland fell by 7.4% in May from the same period last year, the biggest decline since at least January 2021, data from Statistics Finland showed on Thursday. The volume of transactions with old flats and terraced houses through real estate agents declined 29% in the same period, it said.