OP expects Finnish house prices to drop by 1–3% in 2023

HOUSE PRICES in Finland will decrease by one to three per cent in 2023, predicts OP Financial Group.

OP on Wednesday estimated in its latest market review that house prices will decrease as a consequence of high interest rates and lethargic economic growth. The high rate of inflation, meanwhile, will lower the real prices of houses noticeably in both 2022 and 2023.