CBRE Finland Multifamily Market Snapshot Q2 2021

 

  • Positive tailwinds continue for the residential sector and the Finnish market witnessed yet another active quarter with investment volumes of €841 million and 22% year-over-year growth.

  • Prime yields have seen new lows in the second quarter and decreased to 3.10% in Helsinki and 3.65% in Tampere and Turku. Finnish residential investment market is not showing any signs of slowing down during the second half of 2021.

  • Residential construction activity remains on a high note in Finland and construction starts have continued to tick higher in the second quarter. The level of construction starts reached the highest level in history in the Helsinki Metropolitan Area in May with 17,730 units.

  • The fundamentals are well in place for the residential market with both rents and sales prices recording new highs.