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11j9 -- Price index of old single family houses 2015=100, 2015Q1-2022Q3

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11/18/2022
Index:
index point
Quarterly change, %:
%
Annual change, %:
%
Real price index:
index point
Quarterly change, % (real price index):
%
Annual change, % (real price index):
%
Price per square meter (EUR/m2):
eur / m2
Lower quartile:
eur / m2
Medianprice:
eur / m2
Upper quartile:
eur / m2
Average area m2:
m2
Number of sales:
number
1/18/2023
12/4/2018
Statistics Finland, real estate prices
001_11j9_2022q3
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Documentation of statistics

Region

The regional classification used in the statistics on prices of old single-family houses and single-family house plots.

Information

Index

An index is a ratio describing the relative change in a variable (e.g. price, volume or value) compared to a certain base period [e.g. one year]. The index point figure for each point in time tells what percentage the given examined variable is of its respective value or volume at the base point in time. The mean of the index point figures for the base period is 100.

Quarterly change, %

Quarterly change refers to the relative change in the index of the quarter compared with the index of the previous quarter. The change is usually expressed in percentages.

Annual change, %

Annual change is the relative change of the index in comparison with the corresponding time period one year ago (e.g. annual change of total index of consumer prices, i.e. inflation).

Real price index

Indicates the change in real prices compared with the index base time period (e.g. 2000, 1983 or 1970). The real price index is derived by dividing the point figure of the nominal price index with the point figure of the Consumer Price Index of the corresponding time period and base year.

Quarterly change, % (real price index)

Quarterly change refers to the relative change in the index of the quarter compared with the index of the previous quarter. The change is usually expressed in percentages.

Annual change, % (real price index)

Annual change is the relative change of the index in comparison with the corresponding time period one year ago (e.g. annual change of total index of consumer prices, i.e. inflation).

Price per square meter (EUR/m2)

Floor area-weighted arithmetic averages of prices per square metre (EUR per m²).

Lower quartile

25 % of the observations remain below.

Medianprice

Middle price per square metre in order of size

Upper quartile

75 per cent of prices per square metre are lower than or equal to the upper quartile.

Average area m2

The area of single-family houses refers to floor area (m²)

Number of sales

Number of transactions during the period. The statistics do not include single-family houses on rented plots. The number of transactions differ from the number of transactions of the National Land Survey's purchase price register due to differences in the sampling rules.