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Housing and construction

Value of renovation building fell in the first quarter of 2024

release | Trend indicator of renovation building 2024, 1st quarter

According to Statistics Finland, the value of renovation building made by building construction enterprises fell by 15.3 per cent in the first quarter of 2024 compared to one year ago.

Key selections

  • The value of newbuilding fell by 21.3 per cent in the first quarter of 2024.
  • The value of renovation building decreased for the fourth quarter in a row.
  • The development has weakened in both renovation and newbuilding for two years already.

Figures

See key statistical data in the figures.

Trend development of renovation and newbuilding by quartal, 2021=100, 2021Q1-2024Q1

Database tables

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Updated database tables
Classifications used:
  • Target of construction
Period:
quarter
Updated:
Classifications used:
  • Target of construction
  • Revision
Period:
quarter
Updated:

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Statistical experts

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Eetu Toivanen
Senior Statistician
029 551 3331
Head of Department in charge