{
  "id": "macro_economics/housing/europe_housing_market_activity_monthly",
  "generated_at": "2026-07-15T09:24:44.377435+00:00",
  "last_refresh": "2026-07-13",
  "source": "ECB MIR monthly new housing loans adjusted with Eurostat total dwelling house price index, and Eurostat residential building permit data; mortgage series smoothed with a 3-month moving average before rebasing and weighting.",
  "source_description": "Monthly Finland housing market activity indicator based on a weighted combination of new mortgage lending and residential building permits, indexed to 2019 = 100.",
  "table_id": "macro_economics/housing/europe_housing_market_activity_monthly",
  "meta": {
    "indicator_name": "Finland Housing Market Activity",
    "indicator_description": "Monthly Finland housing market activity indicator based on a weighted combination of new mortgage lending and residential building permits, indexed to 2019 = 100.",
    "title": "Finland Housing Market Activity",
    "description": "Monthly Finland housing market activity indicator based on a weighted combination of new mortgage lending and residential building permits, indexed to 2019 = 100.",
    "source": "ECB MIR monthly new housing loans adjusted with Eurostat total dwelling house price index, and Eurostat residential building permit data; mortgage series smoothed with a 3-month moving average before rebasing and weighting.",
    "source_description": "Monthly Finland housing market activity indicator based on a weighted combination of new mortgage lending and residential building permits, indexed to 2019 = 100.",
    "visibility": "paid",
    "updated_at": "2026-07-13T10:34:51.038196Z",
    "last_refresh": "2026-07-13",
    "table_id": "macro_economics/housing/europe_housing_market_activity_monthly",
    "topic": "Macroeconomics",
    "subtopic": "Housing",
    "geo": [
      "FI"
    ],
    "geo_included": [
      "FI"
    ],
    "page_slug": "finland-housing-market-activity",
    "page_url": "/indicators/macroeconomics/housing/finland-housing-market-activity/",
    "chart_type": "line",
    "series_type": "single",
    "frequency": "monthly",
    "units": "Index (2019 = 100)",
    "legend": false,
    "featured_topic": false,
    "featured_subtopic": false,
    "featured_rank_topic": null,
    "featured_rank_subtopic": null,
    "chart_title": "Finland Housing Market Activity",
    "y_axis_label": "Index [2019=100]",
    "related_indicators": [
      {
        "title": "Finland Furniture Market Hub",
        "url": "/market/finland-furniture-market-hub/",
        "label": "Market hub"
      },
      {
        "title": "Finland Furniture Consumer Market Size",
        "url": "/indicators/retail/market-size/finland-furniture-consumer-market-size/",
        "label": "Market size"
      },
      {
        "title": "Finland Furniture Retail Market Size",
        "url": "/indicators/retail/market-size/finland-furniture-retail-turnover/",
        "label": "Retail"
      },
      {
        "title": "Finland Furniture Production Market Size",
        "url": "/indicators/industry/market-size/finland-furniture-production-turnover/",
        "label": "Industry"
      },
      {
        "title": "Finland Furniture Producer Price Index",
        "url": "/indicators/industry/indexes/finland-furniture-producer-price-index/",
        "label": "Prices"
      }
    ],
    "taxonomy_path": [
      "macroeconomics",
      "housing",
      "market-activity"
    ],
    "taxonomy_labels": [
      "Macroeconomics",
      "Housing",
      "Market activity"
    ],
    "taxonomy_nodes": [
      {
        "id": "macroeconomics",
        "label": "Macroeconomics",
        "has_page": true,
        "sort_order": 30
      },
      {
        "id": "housing",
        "label": "Housing",
        "has_page": true,
        "sort_order": 20
      },
      {
        "id": "market-activity",
        "label": "Market activity",
        "has_page": false,
        "sort_order": 10
      }
    ],
    "taxonomy_page_path": [
      "macroeconomics",
      "housing"
    ],
    "taxonomy_page_labels": [
      "Macroeconomics",
      "Housing"
    ],
    "taxonomy_collection": "market-activity",
    "taxonomy_collection_label": "Market activity",
    "entity": {
      "type": "country",
      "geo": [
        "FI"
      ]
    },
    "methodology_url": "/about/methodology/housing-market-activity/",
    "methodology_label": "Housing Market Activity Methodology",
    "data_hash": "f0a96c52cf790eb6f88e76d17dcb3d680daf8f4b3bcb558934611d7316259418",
    "trend_summary": "The Finland Housing Market Activity indicator shows significant fluctuations over the observed period. It peaked in April 2020 at 136.8, followed by a general decline, reaching a trough of 53.7 in August 2024. The latest level of 56.0 is near this low point, indicating a continued subdued market. Recent momentum suggests further weakening, with year-over-year declines of 9.7% over three months, 11.3% over six months, and 3.4% over twelve months. Yearly averages reflect a downward trend from a high in 2020, with notable decreases in subsequent years.",
    "trend_summary_generated_at": "2026-07-15T09:24:52.488279+00:00",
    "key_findings": [
      "Finland housing activity remains subdued, pointing to a cautious backdrop for furniture, kitchens and home-related demand.",
      "The series is still in the weaker part of its range, leaving the housing cycle fragile.",
      "Recent movement is broadly sideways, so the housing signal is not yet showing a clear new impulse."
    ],
    "key_findings_source": "housing_activity_rule",
    "chart_alt_text": "Line chart for Finland Housing Market Activity in index points. The series runs from 2015-01-01 to 2026-03-01; the latest value is 56 index points. The peak is 136.8 index points in 2020-04-01."
  },
  "data": [
    {
      "date": "2015-01-01",
      "geo": "FI",
      "value": 59.12
    },
    {
      "date": "2015-02-01",
      "geo": "FI",
      "value": 92.14
    },
    {
      "date": "2015-03-01",
      "geo": "FI",
      "value": 108.75
    },
    {
      "date": "2015-04-01",
      "geo": "FI",
      "value": 124.69
    },
    {
      "date": "2015-05-01",
      "geo": "FI",
      "value": 116.69
    },
    {
      "date": "2015-06-01",
      "geo": "FI",
      "value": 114.57
    },
    {
      "date": "2015-07-01",
      "geo": "FI",
      "value": 105.14
    },
    {
      "date": "2015-08-01",
      "geo": "FI",
      "value": 102.39
    },
    {
      "date": "2015-09-01",
      "geo": "FI",
      "value": 91.22
    },
    {
      "date": "2015-10-01",
      "geo": "FI",
      "value": 84.86
    },
    {
      "date": "2015-11-01",
      "geo": "FI",
      "value": 82.98
    },
    {
      "date": "2015-12-01",
      "geo": "FI",
      "value": 82.71
    },
    {
      "date": "2016-01-01",
      "geo": "FI",
      "value": 78.53
    },
    {
      "date": "2016-02-01",
      "geo": "FI",
      "value": 89.6
    },
    {
      "date": "2016-03-01",
      "geo": "FI",
      "value": 83.57
    },
    {
      "date": "2016-04-01",
      "geo": "FI",
      "value": 93.91
    },
    {
      "date": "2016-05-01",
      "geo": "FI",
      "value": 98.81
    },
    {
      "date": "2016-06-01",
      "geo": "FI",
      "value": 104.77
    },
    {
      "date": "2016-07-01",
      "geo": "FI",
      "value": 99.15
    },
    {
      "date": "2016-08-01",
      "geo": "FI",
      "value": 95.93
    },
    {
      "date": "2016-09-01",
      "geo": "FI",
      "value": 90.61
    },
    {
      "date": "2016-10-01",
      "geo": "FI",
      "value": 94.48
    },
    {
      "date": "2016-11-01",
      "geo": "FI",
      "value": 97.62
    },
    {
      "date": "2016-12-01",
      "geo": "FI",
      "value": 91.49
    },
    {
      "date": "2017-01-01",
      "geo": "FI",
      "value": 84.41
    },
    {
      "date": "2017-02-01",
      "geo": "FI",
      "value": 88.54
    },
    {
      "date": "2017-03-01",
      "geo": "FI",
      "value": 102.1
    },
    {
      "date": "2017-04-01",
      "geo": "FI",
      "value": 98.79
    },
    {
      "date": "2017-05-01",
      "geo": "FI",
      "value": 107.47
    },
    {
      "date": "2017-06-01",
      "geo": "FI",
      "value": 107.59
    },
    {
      "date": "2017-07-01",
      "geo": "FI",
      "value": 98.26
    },
    {
      "date": "2017-08-01",
      "geo": "FI",
      "value": 103.34
    },
    {
      "date": "2017-09-01",
      "geo": "FI",
      "value": 106.18
    },
    {
      "date": "2017-10-01",
      "geo": "FI",
      "value": 110.58
    },
    {
      "date": "2017-11-01",
      "geo": "FI",
      "value": 104.26
    },
    {
      "date": "2017-12-01",
      "geo": "FI",
      "value": 111.95
    },
    {
      "date": "2018-01-01",
      "geo": "FI",
      "value": 102.25
    },
    {
      "date": "2018-02-01",
      "geo": "FI",
      "value": 101.96
    },
    {
      "date": "2018-03-01",
      "geo": "FI",
      "value": 98.19
    },
    {
      "date": "2018-04-01",
      "geo": "FI",
      "value": 98.23
    },
    {
      "date": "2018-05-01",
      "geo": "FI",
      "value": 107.17
    },
    {
      "date": "2018-06-01",
      "geo": "FI",
      "value": 111.95
    },
    {
      "date": "2018-07-01",
      "geo": "FI",
      "value": 109.0
    },
    {
      "date": "2018-08-01",
      "geo": "FI",
      "value": 103.54
    },
    {
      "date": "2018-09-01",
      "geo": "FI",
      "value": 89.73
    },
    {
      "date": "2018-10-01",
      "geo": "FI",
      "value": 99.23
    },
    {
      "date": "2018-11-01",
      "geo": "FI",
      "value": 108.39
    },
    {
      "date": "2018-12-01",
      "geo": "FI",
      "value": 106.6
    },
    {
      "date": "2019-01-01",
      "geo": "FI",
      "value": 99.46
    },
    {
      "date": "2019-02-01",
      "geo": "FI",
      "value": 96.5
    },
    {
      "date": "2019-03-01",
      "geo": "FI",
      "value": 92.95
    },
    {
      "date": "2019-04-01",
      "geo": "FI",
      "value": 94.59
    },
    {
      "date": "2019-05-01",
      "geo": "FI",
      "value": 100.32
    },
    {
      "date": "2019-06-01",
      "geo": "FI",
      "value": 109.21
    },
    {
      "date": "2019-07-01",
      "geo": "FI",
      "value": 99.71
    },
    {
      "date": "2019-08-01",
      "geo": "FI",
      "value": 97.99
    },
    {
      "date": "2019-09-01",
      "geo": "FI",
      "value": 99.83
    },
    {
      "date": "2019-10-01",
      "geo": "FI",
      "value": 104.65
    },
    {
      "date": "2019-11-01",
      "geo": "FI",
      "value": 106.98
    },
    {
      "date": "2019-12-01",
      "geo": "FI",
      "value": 97.81
    },
    {
      "date": "2020-01-01",
      "geo": "FI",
      "value": 91.6
    },
    {
      "date": "2020-02-01",
      "geo": "FI",
      "value": 94.35
    },
    {
      "date": "2020-03-01",
      "geo": "FI",
      "value": 100.17
    },
    {
      "date": "2020-04-01",
      "geo": "FI",
      "value": 136.76
    },
    {
      "date": "2020-05-01",
      "geo": "FI",
      "value": 136.6
    },
    {
      "date": "2020-06-01",
      "geo": "FI",
      "value": 127.54
    },
    {
      "date": "2020-07-01",
      "geo": "FI",
      "value": 94.66
    },
    {
      "date": "2020-08-01",
      "geo": "FI",
      "value": 101.51
    },
    {
      "date": "2020-09-01",
      "geo": "FI",
      "value": 108.29
    },
    {
      "date": "2020-10-01",
      "geo": "FI",
      "value": 104.31
    },
    {
      "date": "2020-11-01",
      "geo": "FI",
      "value": 106.37
    },
    {
      "date": "2020-12-01",
      "geo": "FI",
      "value": 107.54
    },
    {
      "date": "2021-01-01",
      "geo": "FI",
      "value": 106.95
    },
    {
      "date": "2021-02-01",
      "geo": "FI",
      "value": 101.65
    },
    {
      "date": "2021-03-01",
      "geo": "FI",
      "value": 105.17
    },
    {
      "date": "2021-04-01",
      "geo": "FI",
      "value": 108.61
    },
    {
      "date": "2021-05-01",
      "geo": "FI",
      "value": 103.71
    },
    {
      "date": "2021-06-01",
      "geo": "FI",
      "value": 102.23
    },
    {
      "date": "2021-07-01",
      "geo": "FI",
      "value": 114.06
    },
    {
      "date": "2021-08-01",
      "geo": "FI",
      "value": 95.08
    },
    {
      "date": "2021-09-01",
      "geo": "FI",
      "value": 98.08
    },
    {
      "date": "2021-10-01",
      "geo": "FI",
      "value": 93.86
    },
    {
      "date": "2021-11-01",
      "geo": "FI",
      "value": 94.85
    },
    {
      "date": "2021-12-01",
      "geo": "FI",
      "value": 100.56
    },
    {
      "date": "2022-01-01",
      "geo": "FI",
      "value": 99.44
    },
    {
      "date": "2022-02-01",
      "geo": "FI",
      "value": 83.2
    },
    {
      "date": "2022-03-01",
      "geo": "FI",
      "value": 98.57
    },
    {
      "date": "2022-04-01",
      "geo": "FI",
      "value": 94.97
    },
    {
      "date": "2022-05-01",
      "geo": "FI",
      "value": 91.6
    },
    {
      "date": "2022-06-01",
      "geo": "FI",
      "value": 89.13
    },
    {
      "date": "2022-07-01",
      "geo": "FI",
      "value": 81.65
    },
    {
      "date": "2022-08-01",
      "geo": "FI",
      "value": 77.21
    },
    {
      "date": "2022-09-01",
      "geo": "FI",
      "value": 80.93
    },
    {
      "date": "2022-10-01",
      "geo": "FI",
      "value": 75.74
    },
    {
      "date": "2022-11-01",
      "geo": "FI",
      "value": 77.9
    },
    {
      "date": "2022-12-01",
      "geo": "FI",
      "value": 68.27
    },
    {
      "date": "2023-01-01",
      "geo": "FI",
      "value": 76.13
    },
    {
      "date": "2023-02-01",
      "geo": "FI",
      "value": 72.87
    },
    {
      "date": "2023-03-01",
      "geo": "FI",
      "value": 73.75
    },
    {
      "date": "2023-04-01",
      "geo": "FI",
      "value": 63.06
    },
    {
      "date": "2023-05-01",
      "geo": "FI",
      "value": 68.33
    },
    {
      "date": "2023-06-01",
      "geo": "FI",
      "value": 76.82
    },
    {
      "date": "2023-07-01",
      "geo": "FI",
      "value": 68.53
    },
    {
      "date": "2023-08-01",
      "geo": "FI",
      "value": 72.99
    },
    {
      "date": "2023-09-01",
      "geo": "FI",
      "value": 65.13
    },
    {
      "date": "2023-10-01",
      "geo": "FI",
      "value": 72.54
    },
    {
      "date": "2023-11-01",
      "geo": "FI",
      "value": 69.12
    },
    {
      "date": "2023-12-01",
      "geo": "FI",
      "value": 70.4
    },
    {
      "date": "2024-01-01",
      "geo": "FI",
      "value": 54.88
    },
    {
      "date": "2024-02-01",
      "geo": "FI",
      "value": 61.11
    },
    {
      "date": "2024-03-01",
      "geo": "FI",
      "value": 56.8
    },
    {
      "date": "2024-04-01",
      "geo": "FI",
      "value": 56.5
    },
    {
      "date": "2024-05-01",
      "geo": "FI",
      "value": 63.9
    },
    {
      "date": "2024-06-01",
      "geo": "FI",
      "value": 60.21
    },
    {
      "date": "2024-07-01",
      "geo": "FI",
      "value": 62.17
    },
    {
      "date": "2024-08-01",
      "geo": "FI",
      "value": 53.7
    },
    {
      "date": "2024-09-01",
      "geo": "FI",
      "value": 61.75
    },
    {
      "date": "2024-10-01",
      "geo": "FI",
      "value": 63.5
    },
    {
      "date": "2024-11-01",
      "geo": "FI",
      "value": 67.5
    },
    {
      "date": "2024-12-01",
      "geo": "FI",
      "value": 76.38
    },
    {
      "date": "2025-01-01",
      "geo": "FI",
      "value": 60.32
    },
    {
      "date": "2025-02-01",
      "geo": "FI",
      "value": 65.48
    },
    {
      "date": "2025-03-01",
      "geo": "FI",
      "value": 64.62
    },
    {
      "date": "2025-04-01",
      "geo": "FI",
      "value": 65.1
    },
    {
      "date": "2025-05-01",
      "geo": "FI",
      "value": 65.12
    },
    {
      "date": "2025-06-01",
      "geo": "FI",
      "value": 63.94
    },
    {
      "date": "2025-07-01",
      "geo": "FI",
      "value": 65.34
    },
    {
      "date": "2025-08-01",
      "geo": "FI",
      "value": 61.94
    },
    {
      "date": "2025-09-01",
      "geo": "FI",
      "value": 56.46
    },
    {
      "date": "2025-10-01",
      "geo": "FI",
      "value": 61.78
    },
    {
      "date": "2025-11-01",
      "geo": "FI",
      "value": 62.25
    },
    {
      "date": "2025-12-01",
      "geo": "FI",
      "value": 56.72
    },
    {
      "date": "2026-01-01",
      "geo": "FI",
      "value": 60.82
    },
    {
      "date": "2026-02-01",
      "geo": "FI",
      "value": 55.18
    },
    {
      "date": "2026-03-01",
      "geo": "FI",
      "value": 56.0
    }
  ]
}