While turnover times have increased in the real estate sector, small flats – especially ones in good, ready-to-move-in condition – continue to change hands virtually overnight. Helsingin Sanomat on Sunday attended nearly 40 property viewings in Helsinki, Espoo and Vantaa. The viewings suggest that the uncertain economic climate continues to affect the real estate market, although some real estate agents blamed Sunday's low turnout on the sunny weather.
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Small ready-to-move-in flats sell fast
Statistics Finland has estimated that this year real estate transactions will fall ten per cent short of the levels of last year. “I think the general market and economic conditions have had an effect.