World & Business

Housing prices keep falling in Finland, but not in the north

Statistics Finland says the market stayed quiet in June and the second quarter, while northern Finland was the exception. A home interior photo could fit this update.

FEMA - 31253 - Storm shelter (tornado) in Kansas at FEMA temporary housing site.jpg
Temporary housing site after a tornado in Kansas. Leif Skoogfors · Wikimedia Commons

Housing prices continued to decline across Finland in June, but the drop did not bring more activity to the market, Statistics Finland said on Tuesday. The agency said the same quiet trend was visible throughout the second quarter.

The picture is not uniform nationwide. In northern Finland, prices are not falling in the same way as elsewhere, making the region an exception to the broader market weakness.

Sources

Story based on reporting from the outlets above. Päivän Sanomat editorial rewrite.

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