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11k3 -- Price index of new detached houses 2010=100, 2009Q1-2022Q4

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2/17/2023
Index:
index point
Quarterly change, %:
%
Annual change, %:
%
5/18/2023
12/4/2018
Yes
Statistics Finland, real estate prices
001_11k3_2022q4
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Mandatory
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Documentation of statistics The weight structure of the price index for new single-family houses is from 2009. The aim is to update the base year and structure of the index during 2022 and 2023 to correspond better to the present market situation.

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.

Quarterly change, %

Quarterly change refers to the relative change in the index of the quarter compared with the index of the previous quarter. The change is usually expressed in percentages.

Annual change, %

Annual change is the relative change of the index in comparison with the corresponding time period one year ago (e.g. annual change of total index of consumer prices, i.e. inflation).