Value of renovation building fell in the last quarter of 2023

Release related to topics:Housing and construction
release | Trend indicator of renovation building 2023, 4th quarter

According to Statistics Finland, the value of renovation building made by building construction enterprises fell by 12.0 per cent in the last quarter of 2023 compared to one year ago.

Key selections

  • The value of renovation building decreased for the third quarter in a row.
  • The value of newbuilding fell by 16.3 per cent.
  • The development has been weakening in both renovation and newbuilding for nearly two years.

Figures

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Trend development of renovation and newbuilding by quartal, 2021=100, 2021Q1-2023Q4

Database tables

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Updated database tables
Classifications used:
  • Target of construction
Reference period cycle:
quarter
Updating frequency:
quarter
Updated:
Classifications used:
  • Target of construction
  • Revision
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, 4th quarter. Helsinki: Statistics Finland [Referenced: 16.11.2024].
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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