"Interestingly, in the past six months house builders' share prices have fallen by 50pc. Falls on that scale have only been seen three times in the past: in 1974, 1976 and 1992."
"Each of the three major house price corrections of the past 30 years has been preceded by a collapse in house builders' share prices."
This analysis is from the Guardian with respect to the english market.
The same can be applied to the Finnish housing market.
Let's review the share price of the major house builder in Finland:
Company : Max/Min = %drop
YIT : 27/15 = -44%
SKANSKA : 17/13 = -24%
AAP : 55/35 = -36%
NCC : 236/122 = -51%
Ramirent : 22,00/11 = -50%
Source: The telegraph
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