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Published: 23 April 2010

Cubic volume covered by granted building permits went up in February

In February 2010, building permits were granted for a total of 2.5 million cubic metres, which is 15 per cent more than one year ago. This is indicated by Statistics Finland’s preliminary data on building and dwelling production.

The cubic volume covered by permits for residential buildings grew by nearly 80 per cent from the previous year’s February, and the cubic volumes covered by permits granted for public service buildings, and industrial and warehouse buildings also went up. By contrast, the cubic volume covered by building permits for commercial and office buildings decreased by about 30 per cent from twelve months back.

In February 2010, building permits were granted for 2,400 new dwellings, which is twice as many as one year earlier. The number of permits granted for residential blocks of flats also doubled, while that of permits for attached houses quadrupled from February 2009.

Granted building permits, 1 000 m3, moving variable annual sum

Granted building permits, 1 000 m3, moving variable annual sum

Volume of newbuilding contracted by nearly 8 per cent in February

According to Statistics Finland’s preliminary data, ongoing building production contracted by 7.8 per cent year-on-year in February 2010.

The volume of residential buildings increased by 22.4 per cent from one year before. In residential building, especially the volume of blocks of flats grew by good 30 per cent while that of detached houses went up by almost one-fifth from one year previously. The volume of office buildings and industrial buildings decreased by good 50 per cent year-on-year.

The volume of other than residential building contracted further. It declined by 24.6 per cent from February 2009.

Volume index for newbuilding 2005=100, annual change %

Volume index for newbuilding 2005=100, annual change %

Source: Building and dwelling production, Statistics Finland

Inquiries: Kaj Isaksson (09) 1734 3633, Merja Järvinen (09) 1734 2458, rakennus.suhdanne@stat.fi

Director in charge: Hannele Orjala

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Updated 23.04.2010

Referencing instructions:

Official Statistics of Finland (OSF): Building and dwelling production [e-publication].
ISSN=1798-9590. February 2010. Helsinki: Statistics Finland [referred: 29.3.2024].
Access method: http://www.stat.fi/til/ras/2010/02/ras_2010_02_2010-04-23_tie_001_en.html