THE NUMBER of first-time homebuyers has decreased steeply over the past ten years, indicates data released by Statistics Finland on 16 October. Between 2012 and 2013 alone, the number of first-time homebuyers declined from over 26,000 to 20,718. With as many as 34,159 Finns buying their first home in 2006, the number of first-time home buyers has decreased by almost 40 per cent in less than ten years.
HS in English
Number of first-time homebuyers on the slide
The statistics only incorporate the first-time buyers of condominiums, not those of detached houses. In addition, the date shows that the average age of first-time home buyers has remained relatively unchanged, at 28, between 2006 and 2013.