The latest statistics from Statistics Finland indicate that the prices of old detached houses have decreased by 6.1% over the past year. Interestingly, this decline occurred alongside a rise in the number of property transactions, which increased by 6.6% compared to the previous year. The capital region also witnessed a drop in house prices, albeit at a lesser rate than the national average, suggesting a nuanced market response within different areas of the country.

The most significant decline in prices was observed in Eastern Finland, where they plummeted by 8.8%, reflecting potential regional economic challenges or a shift in housing demand. In contrast, Northern Finland experienced a more moderate price drop of 2.9%. This disparity in price changes across regions points to diverse local market conditions and buyer preferences, which may influence future real estate trends across the country.

Additionally, while the prices of old detached houses struggled, the price of building lots for detached houses saw a slight increase of 0.3% in municipalities with over 100,000 residents. However, in smaller municipalities with fewer than 20,000 residents, the prices fell sharply by approximately 19.5%. Overall, the national average for building lot prices saw a small decrease of 0.6%, indicating a complex interplay between supply, demand, and regional demographics in Finland's housing market.