Household consumption of housing in Finland has shown a general upward trend over the last decade, with the value standing at 21.88 units of net disposable income in 2023. Annual variations and compound annual growth rates (CAGRs) have shown some fluctuations. Notably, recent years (2021-2023) have seen relatively modest growth, with a 0.69% year-on-year increase in 2023 and a five-year CAGR of 0.54%. Forecast data predicts a continued but modest increase in consumption, projecting a CAGR of 0.26% over the next five years, reaching 22.29 by 2028.
Future trends to watch for include potential shifts due to economic factors, housing market dynamics, and demographic changes. Policy changes affecting housing affordability and mortgage rates could also play pivotal roles in shaping household consumption of housing in the coming years.
