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Value of renovation building rose by 2.7 per cent in the first quarter of 2023

Release related to topics:Housing and construction
release | Trend indicator of renovation building 2023, 1st quarter

According to Statistics Finland, the value of renovation building made by building construction enterprises rose by 2.7 per cent in the first quarter of 2023 compared to one year ago. The growth in renovation building slowed down from the last quarter of 2022, when the growth amounted to 3.6 per cent compared to one year ago.

Key selections

  • The value of newbuilding fell by 2.7 per cent.
  • The trend development has been slowing down in both renovation and newbuilding over the past year.
  • Trend data on renovation building have previously been published as experimental statisticsExternal link.

Figures

See key statistical data in the figures.

Trend development of renovation and newbuilding by quarter, 2021=100

Database tables

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Updated database tables
Classifications used:
  • Target of construction
Reference period cycle:
quarter
Updating frequency:
quarter
Updated:

Future releases

Documentation

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Go to documentation of the statistics

Referencing instructions

Trend indicator of renovation building [online publication].
Reference period: 2023, 1st quarter. Helsinki: Statistics Finland [Referenced: 29.5.2025].
Access method: https://stat.fi/en/publication/clajdl9b7g2b80burl61pkld3

Statistical experts

Inquiries primarily

Eetu Toivanen
Senior Statistician
029 551 3331

Head of Department in charge

Hannele Orjala
Head of Department in charge
029 551 3582