HELSINKI: The housing costs of owner-occupied dwellings increased by 0.9 per cent in the first quarter of 2015 from the respective quarter of the year before, according to Statistics Finland.But the price for purchasing dwellings decreased by 0.3 per cent over the same period. Compared with the previous quarter, the housing costs of owner-occupied dwellings rose by 0.6 per cent and purchasing of dwellings became 0.3 per cent more expensive, the preliminary data show.
Statistics Finland’s indices of owner-occupied housing prices consist of two index series. The first, housing costs of owner-occupied dwellings series describes the development of the costs of owner-occupied dwellings. The housing costs of owner-occupied dwellings consist of the prices of new dwellings purchased by households and other costs of owner-occupied dwellings, like renovations. The second, housing prices series describes the price development of all dwellings.
