Value of renovation building fell in the first quarter of 2024

Release related to topics:Housing and construction
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

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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
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: 2024, 1st quarter. Helsinki: Statistics Finland [Referenced: 17.12.2024].
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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