Finnish housing market crashing – Bloomberg ...News

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Finnish housing market crashing – Bloomberg
source : Russia Today ( News ) () 16
Construction of new homes has reportedly dropped to the lowest level since the 1940s   The housing market in Finland is facing a downturn as construction of new dwellings has plunged to levels not seen since World War II, Bloomberg reported on Tuesday. Building of new homes more than halved this year, totaling about 16,000 compared to over 37,000 constructed in 2022, the outlet reported citing data from the Confederation of Finnish Construction Industries. It is expected that the Finnish construction industry will face a 10% overall drop this year. “Due to the collapse of housing production, the number of complet

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