Lull in Finnish real estate market to continue for a while, says Hypo
THE STUBBORN LULL in the Finnish real estate market will continue for a while, according to a forecast published yesterday by the Mortgage Society of Finland (Hypo).
“The biggest drops in prices and sales have already been seen. Demand for homes will pick up once inflation and interest rates have settled and consumer confidence recovers properly,” summarised Juho Keskinen, an economist at Hypo.