Value of renovation building fell in the third quarter of 2024
Release related to topics:Housing and construction
release | Trend indicator of renovation building 2024, 3rd quarterAccording 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
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Trend development of renovation and newbuilding by quartal, 2021=100, 2021Q1-2024Q3
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- Target of construction
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- Target of construction
- Revision
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Documentation
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Go to documentation of the statisticsReferencing instructions
Trend indicator of renovation building [online publication].
Reference period: 2024, 3rd quarter. Helsinki: Statistics Finland [Referenced: 17.12.2024].
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rakennus.suhdanne@stat.fiEetu Toivanen
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Hannele Orjala
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