Cubic volume of granted building permits decreased by 8 per cent year-on-year in July to September 2024

release | Building and dwelling production 2024, September

According to Statistics Finland, building permits for newbuilding were granted for a total of 5.1 million cubic metres between July and September 2024, which was eight per cent less than one year earlier. Over the period, building projects totalling 5.1 million cubic metres were also completed, which was 44 per cent down from one year earlier.

Key selections

  • The cubic volume of building permits granted in July to September 2024 for residential buildings decreased by eight per cent and the cubic volume for other than residential building construction by seven per cent from one year ago.
  • Building permits were granted for a total of 2,710 dwellings, which was 15 per cent fewer than one year earlier.
  • In July to September 2024, the constant-price value or the volume of ongoing building production went down by 11 per cent year-on-year.
  • The cubic volume of building projects started was four per cent lower in July to September than one year earlier.
  • The data for the latest 24 months of building projects started are estimated values, and they will become revised most during around 12 months from the first release.

Cubic volume covered by granted building permits was bigger than one year ago in seven regions

Measured by cubic volume, most building permits for newbuilding were granted in Uusimaa and Pirkanmaa in July to September 2024. The cubic volume granted in July to September exceeded in seven regions the number of permits granted one year ago.

In July to September 2024, most building projects in terms of volume were completed in Uusimaa and Pirkanmaa. The cubic volume of completed building projects grew in two regions from one year ago.

On the level of the whole country, 4,662 new dwellings were completed in building projects in July to September, which was 50 per cent fewer than in the corresponding period one year earlier. Among the regions, the highest numbers of dwellings were completed in Uusimaa, 1,918. Compared to the previous year, the number of completed new dwellings fell in all regions.

Figures

See key statistical data in the figures.

Volume index of newbuilding 2015=100, trend, in 2001M01 to 2024M09

Granted building permits by region, m3, moving annual total, 2024M09

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

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      Go to documentation of the statistics

      Referencing instructions

      Official Statistics of Finland (OSF): Building and dwelling production [online publication].
      Reference period: 2024, September. ISSN=1798-9590. Helsinki: Statistics Finland [Referenced: 19.11.2024].
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      Siiri Pesonen
      Senior Statistician
      029 551 3819

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      Merja Järvinen
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