HS: Finnish home builders negotiate prices to spur sales

EVEN THOUGH interest rates on housing loans have fallen and the prices of old homes have seemingly started creeping up, Finns remain hesitant to invest in new-built homes, reports Helsingin Sanomat.

Euribor 12, the most popular benchmark rate for housing loans in Finland, fell to an over two-year low of roughly 2.4 per cent last week.