Property in Finland fall in price

Statistic bureau Finland, prices for residential property in third quarter 2008 fall in average 1,4% in comparison with last quarter. In Big Helsinki prices fell on 3%.

Official site of Statistic bureau informs that number of transactions decreased on 20% in whole country and on 30% in region Big Helsinki in comparison with year-on-year.

On the secondary market fall was 1,4%, to the second quarter and 2,6% is for Big Helsinki.

On the primary market price decreased on 0,4% in comparison with second quarter, but Big Helsinki – grew on 1,2%.

For the moment an average cost 10 sq. ft. of new building is 2856 euro, 3614 is for Big Helsinki.