Housing companies' charges rose more than maintenance costs in 2023

Release related to topics:Housing and construction
release | Finance of housing companies 2023

According to Statistics Finland, the maintenance costs of housing companies averaged EUR 4.92 per square metre per month in 2023. Maintenance costs went up by 2.5 per cent from the previous year. In blocks of flats, the average maintenance costs were EUR 5.52 and in terraced houses EUR 4.09 per square metre per month. The rise in maintenance charges was high in all types of buildings, up by 9.9 per cent from the year before. The maintenance charges were, on average, EUR 4.22 per square metre per month.

Key selections

  • In 2023, the maintenance costs of housing companies rose in total by 2.6 per cent in blocks of flats and by 1.7 per cent in terraced houses compared to the previous year.
  • Of maintenance costs in blocks of flats, plot rents, cleaning costs and heating costs rose most.
  • Maintenance costs excluding repair costs grew by 6.6 per cent in blocks of flats and by 5.5 per cent in terraced houses. Repair costs went down by 11.4 per cent in total.
  • Maintenance charges rose by 9.9 per cent and charges for common capital expenditure by 45.7 per cent. Interest expenses nearly tripled.

Figures

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Maintenance costs of housing companies 2022-2023

Real estate income in housing companies 2022-2023

Total income and costs in housing companies 2009-2023

Tables

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Profit and loss account items of housing companies by year of construction 2023

Profit and loss account items of housing companies by region 2023

Profit and loss account items of housing companies with transactions by year of construction 2023

Numbers of housing companies by year of construction and region 2023

Database tables

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Updated database tables
Classifications used:
  • Building type
  • Year of construction
  • Profit and loss account item
Reference period cycle:
year
Updating frequency:
year
Updated:
Classifications used:
  • Profit and loss account item
  • Building type
  • Region
Reference period cycle:
year
Updating frequency:
year
Updated:
Classifications used:
  • Profit and loss account item
  • Building type
  • Year of construction
Reference period cycle:
year
Updating frequency:
year
Updated:
Classifications used:
  • Region
  • Building type
  • Year of construction
Reference period cycle:
year
Updating frequency:
year
Updated:

Future releases

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): Finance of housing companies [online publication].
Reference period: 2023. Helsinki: Statistics Finland [Referenced: 15.11.2024].
Access method:

Statistical experts

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Elina Peltoniemi
Senior Statistician
029 551 3088

Other experts

Martti Korhonen
Senior Statistician
029 551 3451

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Hannele Orjala
Head of Department in charge
029 551 3582