House prices in Finland started to recover from a small 2019 decline in early 2020, although prices were still contracting during the coronavirus pandemic. In Q2 2020, the price of a house (be it new or existing) decreased by around 1.3 percent when adjusted for inflation. This followed after the reveal of a 4.1 billion euros bailout package from the Finnish government, the largest emergency fund in Finland's history. This package came on top of a 500 million euro fund announced in March 2020.
Percentage change on previous year of residential property prices in Finland from Q1 2007 to Q2 2020
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Nominal change
Inflation-adjusted change
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Statista. (September 23, 2020). Percentage change on previous year of residential property prices in Finland from Q1 2007 to Q2 2020 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1174717/annual-house-price-change-in-finland/
Statista. "Percentage change on previous year of residential property prices in Finland from Q1 2007 to Q2 2020." Chart. September 23, 2020. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1174717/annual-house-price-change-in-finland/
Statista. (2020). Percentage change on previous year of residential property prices in Finland from Q1 2007 to Q2 2020. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1174717/annual-house-price-change-in-finland/
Statista. "Percentage Change on Previous Year of Residential Property Prices in Finland from Q1 2007 to Q2 2020." Statista, Statista Inc., 23 Sep 2020, https://www.statista.com/statistics/1174717/annual-house-price-change-in-finland/
Statista, Percentage change on previous year of residential property prices in Finland from Q1 2007 to Q2 2020 Statista, https://www.statista.com/statistics/1174717/annual-house-price-change-in-finland/ (last visited July 22, 2024)
Percentage change on previous year of residential property prices in Finland from Q1 2007 to Q2 2020 [Graph], Statista, September 23, 2020. [Online]. Available: https://www.statista.com/statistics/1174717/annual-house-price-change-in-finland/