Real estate maintenance costs rose by 13.7 % year-on-year

release 17/03/2023 | Index of real estate maintenance costs 2022, 4th quarter

According to Statistics Finland, real estate maintenance costs rose by 13.7 per cent in the last quarter of 2022 compared to the corresponding period of 2021. Of the cost items of real estate maintenance, electricity costs grew most, by 57.2 per cent. Water supply and sewage costs grew by 3.0 per cent, repairs by 6.7 per cent, heating by 14.5 per cent, waste management by 10.2 per cent, administration by 5.6 per cent, use and maintenance by 4.5 per cent, and maintenance of outdoor areas by 5.8 per cent. Cleaning costs went up by 4.2 per cent and insurance against loss or damage by 5.7 per cent.

Index of real estate maintenance costs 2015=100 annual changes by quarter, as a percentage

Key points

Of the cost items, electricity costs rose by 57.2 per cent in a year.
Examined by type of building, the maintenance costs of industrial buildings rose most, by 24.5 per cent.
The total index of real estate maintenance rose by 3.8 per cent from the previous quarter.

Statistics used in the release

Index of real estate maintenance costs

Figures

See key statistical data in the figures.

17.03.2023

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

17.03.2023

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

17.03.2023

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

17.03.2023

Index of real estate maintenance costs 2015=100, building types

Tables

See key statistical data in the tables.

17.03.2023

Index of real estate maintenance costs by building type 2015=100

	Total index	Residential block of flats	Office building	Wholesale and retail trade building	Industrial building	School building	Health centre	Childrens day care centre
2015Q1	100.11	99.95	100.24	100.30	100.52	100.11	100.08	100.06
2015Q2	100.14	100.04	100.02	100.09	100.62	100.16	100.05	100.07
2015Q3	99.93	100.03	99.84	99.83	99.63	99.96	100.01	100.01
2015Q4	99.80	99.96	99.85	99.76	99.17	99.83	99.97	99.93
2016Q1	100.13	100.41	100.27	100.19	99.17	99.96	100.12	100.07
2016Q2	100.25	100.46	100.23	100.20	99.92	100.00	99.95	100.05
2016Q3	100.54	100.71	100.49	100.44	100.12	100.45	100.46	100.53
2016Q4	101.06	101.10	101.01	101.02	101.26	100.87	100.73	100.87
2017Q1	101.71	101.43	101.78	102.03	102.67	101.57	101.47	101.54
2017Q2	101.70	101.49	101.80	101.97	102.50	101.48	101.34	101.45
2017Q3	101.84	101.66	101.96	102.11	102.55	101.59	101.44	101.57
2017Q4	102.30	102.01	102.42	102.57	103.43	102.07	101.82	102.04
2018Q1	102.96	102.59	103.05	103.32	104.29	102.73	102.50	102.72
2018Q2	103.34	102.94	103.27	103.56	104.86	103.21	102.95	103.24
2018Q3	103.93	103.39	104.05	104.34	105.94	103.62	103.25	103.66
2018Q4	104.92	104.12	105.39	105.78	107.49	104.51	104.14	104.52
2019Q1	105.59	104.77	106.15	106.64	108.18	105.06	104.75	105.05
2019Q2	106.04	105.18	106.59	107.10	108.82	105.50	105.13	105.46
2019Q3	106.10	105.29	106.67	107.10	108.63	105.59	105.28	105.66
2019Q4	106.40	105.50	107.08	107.56	109.27	105.80	105.42	105.81
2020Q1	106.92	106.17	107.61	108.12	109.16	106.29	106.08	106.36
2020Q2	106.65	106.20	107.54	107.91	107.63	106.00	106.05	106.22
2020Q3	105.92	105.75	106.66	106.85	107.20	104.59	104.15	104.70
2020Q4	106.41	106.10	107.21	107.42	107.54	105.50	105.29	105.68
2021Q1	108.15	107.74	108.67	109.09	110.31	106.95	106.42	107.07
2021Q2	108.92	108.51	109.35	109.78	111.24	107.69	107.04	107.86
2021Q3	110.43	110.10	110.81	111.10	112.86	109.04	108.22	109.43
2021Q4	112.40	111.51	113.28	113.73	116.58	110.66	109.60	110.90
2022Q1	117.66	114.83	119.73	121.11	127.19	115.48	114.09	115.15
2022Q2	119.96	116.76	121.61	123.32	131.13	117.83	116.11	117.45
2022Q3	123.10	118.86	125.85	128.10	136.37	120.83	119.24	120.31
2022Q4	127.83	121.49	132.62	135.72	145.13	125.67	124.43	124.77

17.03.2023

Index of real estate maintenance costs by cost item 2015=100

	Total index	Administration	Use and maintenance	Maintenance of outdoor areas	Cleaning	Heating	Water supply and sewerage	Electricity (real estate)	Waste management	Insurance against loss or damage	Repairs
2015Q1	100.11	99.59	99.94	99.75	99.75	100.41	99.91	101.79	98.56	100.13	99.80
2015Q2	100.14	100.68	99.76	99.93	99.93	100.99	100.02	100.05	99.14	99.86	99.70
2015Q3	99.93	99.60	99.91	100.20	100.30	99.81	100.02	98.91	101.72	99.93	100.14
2015Q4	99.80	99.94	100.17	100.45	100.34	98.77	100.02	99.24	100.56	100.06	100.35
2016Q1	100.13	102.05	100.90	100.90	100.22	98.14	101.84	100.02	100.48	100.03	100.43
2016Q2	100.25	101.34	100.31	100.49	99.59	99.42	101.87	99.91	100.66	100.40	100.61
2016Q3	100.54	101.24	101.11	101.48	100.53	99.52	101.87	99.64	100.65	100.53	100.90
2016Q4	101.06	102.23	100.96	101.10	100.24	100.58	101.87	101.12	100.88	101.06	101.33
2017Q1	101.71	101.87	101.08	101.49	100.69	101.53	102.56	104.30	102.55	100.43	101.19
2017Q2	101.70	102.02	100.97	101.23	100.38	101.30	102.75	104.46	102.16	100.53	101.49
2017Q3	101.84	102.65	101.08	101.45	100.39	101.19	101.99	104.54	102.11	100.80	102.06
2017Q4	102.30	102.20	101.65	101.56	100.54	101.91	101.99	105.20	102.28	101.46	102.77
2018Q1	102.96	103.03	101.87	102.38	101.21	102.39	102.38	106.48	103.76	102.03	103.43
2018Q2	103.34	103.17	101.91	102.45	101.89	103.15	102.40	105.90	103.84	102.73	104.23
2018Q3	103.93	101.90	102.10	102.87	101.29	103.86	102.40	108.68	103.98	103.53	105.27
2018Q4	104.92	102.52	102.75	103.22	101.41	104.65	102.40	113.17	104.65	104.00	105.99
2019Q1	105.59	104.09	102.11	103.73	101.69	105.14	103.35	115.88	105.36	103.93	106.50
2019Q2	106.04	104.53	102.59	103.93	101.91	105.84	103.59	116.35	105.40	103.93	106.97
2019Q3	106.10	103.14	103.07	104.08	102.24	105.41	103.59	115.88	106.00	104.30	107.77
2019Q4	106.40	104.34	103.03	103.65	101.86	105.24	103.53	117.86	106.33	104.33	108.20
2020Q1	106.92	106.40	103.76	105.27	102.91	104.88	105.49	118.18	107.31	104.33	108.21
2020Q2	106.65	106.32	104.03	106.16	103.34	103.04	105.67	117.61	107.60	104.33	108.60
2020Q3	105.92	106.75	101.96	102.67	99.72	103.63	105.67	115.77	108.15	103.43	108.72
2020Q4	106.41	105.70	103.63	105.17	101.86	103.49	105.49	116.00	108.15	103.96	109.03
2021Q1	108.15	107.29	104.54	105.77	102.10	106.46	108.23	117.12	114.03	105.36	110.31
2021Q2	108.92	107.99	105.39	106.43	102.61	107.40	108.42	117.11	114.03	107.00	111.62
2021Q3	110.43	108.33	106.38	107.00	103.25	108.30	108.42	118.28	114.24	111.63	115.57
2021Q4	112.40	108.12	106.64	106.39	102.43	110.51	108.69	127.27	114.35	114.20	118.06
2022Q1	117.66	109.41	106.71	107.59	102.46	118.67	111.85	152.43	117.33	115.13	119.43
2022Q2	119.96	112.10	108.40	110.36	104.16	121.99	111.95	153.81	120.87	118.87	121.91
2022Q3	123.10	114.29	109.70	111.81	105.07	123.42	111.99	170.41	124.27	120.48	123.98
2022Q4	127.83	114.19	111.42	112.61	106.76	126.56	111.99	200.03	125.98	120.75	125.96