Residential Property Prices for Finland
QFIN628BIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
106.07
Year-over-Year Change
-10.99%
Date Range
1/1/1970 - 1/1/2025
Summary
The Residential Property Prices for Finland measures changes in the prices of residential real estate in Finland. This metric is crucial for economists and policymakers to assess the country's housing market and overall economic conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Residential Property Prices for Finland index tracks the price movements of various types of residential properties, including single-family homes, apartments, and other dwellings. This data is used to analyze trends in the Finnish housing market and can inform decisions related to monetary policy, taxation, and urban planning.
Methodology
The data is collected and calculated by the Bank for International Settlements (BIS) based on information provided by the Finnish national statistical agency.
Historical Context
Policymakers and market analysts closely monitor this index to gauge the health of the Finnish real estate sector and its broader implications for the country's economic performance.
Key Facts
- Finland's residential property prices have increased by over 30% since 2010.
- The index reached an all-time high in 2022, reflecting strong demand and limited housing supply.
- Prices in the capital region of Helsinki are significantly higher than the national average.
FAQs
Q: What does this economic trend measure?
A: The Residential Property Prices for Finland index tracks the changes in prices of various types of residential real estate in the country, including single-family homes, apartments, and other dwellings.
Q: Why is this trend relevant for users or analysts?
A: This index is crucial for economists and policymakers to assess the health of the Finnish housing market and its broader implications for the country's economic performance. It informs decisions related to monetary policy, taxation, and urban planning.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Bank for International Settlements (BIS) based on information provided by the Finnish national statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor this index to gauge the health of the Finnish real estate sector and its broader implications for the country's economic performance. This data can inform decisions related to monetary policy, taxation, and urban planning.
Q: Are there update delays or limitations?
A: The Residential Property Prices for Finland index is published quarterly, and there may be a slight delay in the release of the latest data.
Related Trends
Harmonized Index of Consumer Prices: Frequent Out-of-Pocket Purchases for Finland
FROOPPFIM086NEST
Producer Prices Index: Type of Goods: Investments Goods: Total for Finland
PITGVG01FIQ661N
Leading Indicators OECD: Component series: BTS - Demand or orders inflow: Normalised for Finland
FINLOCOBDNOSTSAM
International Trade: Imports: Value (Goods): Total for Finland
XTIMVA01FIQ188S
Infra-Annual Labor Statistics: Unemployment Rate Female: From 15 to 74 Years for Finland
LRUN74FEFIA156S
Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 25 Years or over for Finland
LRHUADTTFIA156N
Citation
U.S. Federal Reserve, Residential Property Prices for Finland (QFIN628BIS), retrieved from FRED.