Number of building permits granted declined in March to May 2022 year-on-year

release | Building and dwelling production 2022, May

According to Statistics Finland, building permits for newbuilding were granted in March to May 2022 for a total of 10.1 million cubic metres, which was nearly one third lower than in the corresponding period one year ago. Cubic metres covered by permits for residential buildings amounted to 3.8 million, while one year earlier, the corresponding figure was 4.4 million.

Key selections

  • The cubic volume of building permits granted for newbuilding decreased by 32 per cent in March to May 2022 year-on-year.
  • In March to May 2022, building permits were granted for 12,351 dwellings, which is 12 per cent lower than one year earlier.
  • The cubic volume of residential building projects started was almost eight per cent lower in March to May 2022 than twelve months earlier.
  • The cubic volume of completed building projects was 19 per cent higher in March to May 2022 than one year earlier.

Volume of residential building still growing

In March to May 2022, the constant-price value or the volume of ongoing building production increased by eight per cent year-on-year. The volume of residential building construction increased by 13 per cent and that of other than residential building construction by four per cent from one year earlier.

Figures

See key statistical data in the figures.

Volume index of newbuilding 2015=100, trend, 2001M01-2022M05

Database tables

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Updated database tables
Classifications used:
  • Construction stage
  • Building type
  • Region
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  • Building type
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      Documentation

      Description of the production, used methods and quality of the statistics.

      Go to documentation of the statistics

      Referencing instructions

      Official Statistics of Finland (OSF): Building and dwelling production [online publication].
      Reference period: 2022, May. ISSN=1798-9590. Helsinki: Statistics Finland [Referenced: 21.12.2024].
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      Statistical experts

      Inquiries primarily

      Tiia Wallin
      Senior Statistician
      029 551 3875

      Other experts

      Merja Järvinen
      Statistician
      029 551 2458
      Petri Kettunen
      Statistician
      029 551 3558

      Head of Department in charge

      Hannele Orjala
      Head of Department in charge
      029 551 3582