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5 clusters · 8 sources · 43 days · First seen · Last updated

Finland housing market trends and costs

Overview

In mid-August 2026, projections indicated that housing costs in Finland would rise by an average of 2.7 percent for the year, driven by rising interest rates and a 29 to 30 percent surge in heating oil prices. By late August, data from the National Land Survey of Finland confirmed a shift toward a buyer’s market in the capital region. Median prices for detached houses declined in Espoo by 7.5 percent and in Helsinki by 6.4 percent.

By late September, preliminary data from Statistics Finland revealed that prices for old residential properties fell by 3.3 percent in August compared to the previous year. While prices remained stable relative to July, the year-on-year decline was widespread across most major cities, except for Oulu, where prices rose by 2 percent. Helsinki experienced a 3.7 percent decrease compared to August of the previous year. Nationally, apartment prices fell by 3.8 percent, while terraced house prices decreased by 2 percent.

Transaction volumes for old apartment and terraced houses also declined, with 8.5 percent fewer sales recorded than in August of the previous year. Although some economists suggest that internal development within the current year has been more moderate, consumer confidence remains low. Only 12 percent of consumers are currently considering buying or building a home, as interest rates, inflation, and high supply continue to weigh on the market's recovery.

Entities

Helsinki · Kiinteistönvälitysalan Keskusliitto · Tampere · Pirkanmaa · Statistics Finland

Timeline

  1. [BUSINESS] 2 sources
    Finland residential property prices fall 3.3% in August

    Finland's old residential property prices fell 3.3% year-on-year in August. While Oulu saw a 2% increase, Helsinki experienced a 3.7% drop amid low consumer confidence and declining sales volumes.

  2. [BUSINESS] 2 sources
    Finnish real estate shows diverging trends in housing and cottage markets

    Finland's real estate market shows mixed results: residential sales in Uusimaa have declined to levels not seen since 2003, while cottage sales in Pirkanmaa are seeing a resurgence in demand.

  3. [BUSINESS] 3 sources
    Finland housing market sees significant sales decline

    Finnish used apartment sales hit their lowest level since 2003 in August. While Helsinki sees rising prices for large homes, first-time buyers may find a historically favorable market position.

  4. [BUSINESS] 2 sources
    Finland housing prices decline in Espoo, Helsinki, and Vantaa

    Median detached house prices in Espoo, Helsinki, and Vantaa have declined, signaling a buyer's market in Finland's capital region, according to National Land Survey data.

  5. [BUSINESS] 5 sources
    Finland housing costs expected to rise 2.7% this year

    Finnish housing costs are projected to rise by 2.7% this year, driven by high interest rates and energy prices. Homeowners, especially those in oil-heated houses, face much higher increases than renters.

Sources

helsinginuutiset.fi · maanmittauslaitos.fi · mantsalanuutiset.fi · remax.fi · salkunrakentaja.fi · sttinfo.fi · Talouselama.fi · tamperelainen.fi

This summary has been updated 3 times: see revision history