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Property prices rise despite coronavirus crisis
In previous economic crises, house prices have tended to decline in line with the rest of the economy.
A preference for detached and terraced houses could be evidence of consumers changing their behaviour, PTT said.
Image: Tiina Jutila / Yle
Finland s housing market was relatively unshaken by the coronavirus pandemic last year, with prices of share-ownership properties rising nationally, says a report by Pellervo Economic Research (PTT).
PTT attributes the rise to a combination of light-touch monetary policy and changing buyer habits.
Prices did not rise equally across the country, however, with the difference between major cities and other regions becoming increasingly polarised.