House prices in Finland

Estadistica Finlandia · Mensual

-4.3% (Apr-26) YOY · % · Mensual · CSV

About this indicator

Source	Statistics Finland
Frequency	Mensual
Release	Aproximadamente uno a tres meses después del cierre del periodo de referencia.
What it is	Measures the change in house prices in Finland through an index of transacted second-hand dwellings (flats and houses). Published by Statistics Finland (Tilastokeskus), it is a key gauge of the Finnish housing market and of household wealth.
How it's calculated	Statistics Finland builds the index against a base year from actual transaction prices, controlling for dwelling characteristics (a hedonic method) to isolate the price change. It is released quarterly and monthly, with year-on-year and period-on-period changes.
Market implications	House prices affect construction and its supplier industries, household wealth and spending (the wealth effect) and financial stability through mortgage lending. In Finland, where borrowing is heavily at variable rates, they are sensitive to ECB policy.
Limitations	The index is published with a lag and revised as more transactions are added. Average prices can be skewed by the mix of sales (type and location), and Finland's thin, seasonal market adds volatility.