Trend indicator of renovation building 2024, 3rd quarter
Value of renovation building fell in the third quarter of 2024
releaseAccording to Statistics Finland, the value of renovation building made by building construction enterprises fell by 5.5 per cent in the third quarter of 2024 compared to one year ago.
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Key selections
- The value of newbuilding fell by 7.5 per cent from one year back in the third quarter of 2024.
- The value of renovation building has fallen for 18 months.
- In both renovation and newbuilding the weakening rate of the economic cycle slowed down considerably after the first quarter of the year.
Figures
See key statistical data in the figures.
Trend development of renovation and newbuilding by quartal, 2021=100, 2021Q1-2024Q3
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Referencing instructions
Official Statistics of Finland (OSF): Trend indicator of renovation building [online publication].
Reference period: 2024, 3rd quarter. Helsinki: Statistics Finland [Referenced: 27.10.2026].
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Related topics
TopicsHousing and construction
Contact information
Statistics experts
rakennus.suhdanne@stat.fiInquiries primarily
Eetu Toivanen
Senior Statistician
029 551 3331
Head of Department in charge
Hannele Orjala
Head of Department in charge
029 551 3582