The slowdown in real estate costs has led to a moderation in the increase of treatment fees for housing companies, according to a survey by Kiinteistöliitto. Nearly 4,800 responsible persons from member housing companies reported that the rate of increase is more moderate than last year. In apartment buildings of the largest city, the average compensation has increased by only around four percent this year, compared to more than eight percent last year. However, in townhouses, the Hoitovastike has risen by almost five percent on average this year, which is still slightly more moderate than last year.
Despite this moderation, the rate of increase in treatment fees still exceeds the rate of increase in consumer prices. Four out of five housing companies reported stability compared to a year ago. The fastest rise in care fees was seen in Kuopio apartment buildings, where it has been around seven percent for two consecutive years. In Jyväskylä and Pori, the rise in apartment buildings was more moderate at three percent on average.
Overall, these developments are positive for building societies as they indicate financial stability and improvement from a year ago.
