Home prices fell in May despite more sales

Property sales in Finland continued to rise in May, but housing prices declined month-on-month, erasing gains recorded in April. According to data from the Central Federation of Finnish Real Estate Agencies (KVKL), prices fell across major cities, with notable drops in the capital region.

A total of 4,763 housing transactions were reported nationwide in May, marking a 3.7 percent increase from the same month last year. However, sales volumes remain well below the five-year average. Of these...