Finnish housing market on the rise: A turnaround in 2024 predicted by PTT
The Finnish housing market is poised for a revival in 2024, according to the latest forecast from the Pellervo Economic Research Institute (PTT). After a period of stagnation, the market is expected to see an uptick in activity and a modest increase in the prices of old condominiums by 0.5 percent nationwide, although regional variations will be significant. The growth in rents, particularly for state-subsidized (ARA) apartments, is set to accelerate, driven by increasing immigration that boosts demand for rental housing in major cities.