EUR 5.1 billion were used on renovations of owner-occupied dwellings in 2022
Release related to topics:Housing and construction
release | Renovation building 2022Correction
Renovation building: English headings of the tables in the release were corrected.
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New database tables are published and old database tables are archived in the renovation building statistics
Read more about the changeAccording to Statistics Finland, owners of dwellings renovated their dwellings and residential buildings to the tune of EUR 5.1 billion in 2022. The amount of money spent on renovations went up by 9.5 per cent from the level of 2021. EUR 4.0 billion were spent on renovating one-dwelling and two-dwelling houses. EUR 660 billion were used on renovations to dwellings in blocks of flats, and EUR 410 million to dwellings in terraced houses.
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Key selections
- The value of renovations of one-dwelling and two-dwelling houses grew by 7.7 per cent from the year before.
- The amount of money spent on renovations increased by 4.8 per cent in block of flats companies and by 18.5 per cent in dwellings in blocks of flats.
- The value of renovations of terraced house companies increased by 9.6 per cent and that of dwellings in terraced houses by 14.7 per cent.
- Owner-occupiers and housing companies renovated houses with a total of EUR 7.4 billion. The amount of money was 8.3 percentage points higher than in 2021.
Renovations contracted out by housing companies, EUR million
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Renovations contracted out by owner-occupiers, EUR million
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Database tables
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Updated database tables
12ig
Classifications used:
- Type of dwelling
- Reasons for renovation
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Classifications used:
- Reasons for renovation
- Type of housing company
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Classifications used:
- Type of renovation
- Planned time
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Classifications used:
- Type of housing company
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Classifications used:
- Type of dwelling
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- Type of dwelling
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New database tables
Classifications used:
- Structure element
- Type of dwelling
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- Type of housing company
- Structure element
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Removed database tables
Future releases
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Documentation
Description of the production, used methods and quality of the statistics.
Go to documentation of the statisticsReferencing instructions
Official Statistics of Finland (OSF): Renovation building [online publication].
Reference period: 2022. ISSN=1799-2974. Helsinki: Statistics Finland [Referenced: 7.5.2025].
Access method: https://stat.fi/en/publication/cl7rjq85yfjuu0cw0v5iseqhz
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