Published: 19 March 2019

Real estate maintenance costs rose by 2.6 per cent year-on-year

Real estate maintenance costs went up by 2.6 per cent in the last quarter of 2018 compared to the corresponding period of 2017. These data derive from Statistics Finland’s index of real estate maintenance costs 2015=100.

Index of real estate maintenance costs 2015=100 annual changes by quarter, %

Index of real estate maintenance costs 2015=100 annual changes by quarter, %

Of the cost items of the index of real estate maintenance, electricity costs increased most, by 7.6 per cent. Renovation costs grew second most, by 3.1 per cent. Heating costs went up by 2.7 per cent, costs of waste management by 2.3 per cent, costs of maintenance of outdoor areas by 1.6 per cent, use and maintenance costs by 1.1 per cent, and cleaning costs by 0.9 per cent. Water supply and sewage costs rose by 0.4 per cent and administration costs by 0.3 per cent from the year before.

Examined by building type, the maintenance costs of industrial buildings went up most, by 3.9 per cent. The costs of wholesale and retail trade buildings rose by 3.1 per cent, those of office buildings by 2.9 per cent, those of day care centres and the school buildings by 2.4 per cent. The maintenance costs of health care centres went up by 2.3 per cent and those of residential blocks of flats by 2.1 per cent year-on-year.

The total index of real estate maintenance rose by 1.0 per cent from the previous quarter.

Real estate tax and plot rent are not included in the index of real estate maintenance costs 2015=100. A special index expanded with these cost items and indices with old base years are available in the Built environment -service .

Index of real estate maintenance costs 2015=100, Cost items: heating, water supply and sewage, electricity

Index of real estate maintenance costs 2015=100, Cost items: heating, water supply and sewage, electricity

Index of real estate maintenance costs 2015=100, Cost items: repairs, use and maintenance, maintenance of outdoor areas

Index of real estate maintenance costs 2015=100, Cost items: repairs, use and maintenance, maintenance of outdoor areas

Index of real estate maintenance costs 2015=100, Cost items: administration, cleaning, waste management

Index of real estate maintenance costs 2015=100, Cost items: administration, cleaning, waste management

Source: Index of real estate maintenance costs 2015=100, Statistics Finland

Inquiries: Eetu Toivanen 029 551 3331, Liina Arhosalo 029 551 3612, rakennus.indeksit@stat.fi

Director in charge: Mari Ylä-Jarkko

Publication in pdf-format (252.5 kB)

Tables

Appendix tables

Figures

Updated 19.3.2019

Referencing instructions:

Official Statistics of Finland (OSF): Index of real estate maintenance costs [e-publication].
4th quarter 2018. Helsinki: Statistics Finland [referred: 19.6.2019].
Access method: http://www.stat.fi/til/kyki/2018/04/kyki_2018_04_2019-03-19_tie_001_en.html