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11jm -- Price index of old single family houses 1985=100, chained series, 1985Q1-2022Q4

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2/17/2023
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5/18/2023
12/4/2018
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Statistics Finland, real estate prices
001_11jm_2022q4
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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.

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.