Real estate maintenance costs decreased by 0.9 per cent in October to December 2023

Release related to topics:Housing and construction
release | Index of real estate maintenance costs 2023, 4th quarter

According to Statistics Finland, real estate maintenance costs went down by 0.9 per cent in the last quarter of 2023 compared to the corresponding period of 2022. Of the cost items of real estate maintenance, the costs of waste management grew most, by 8.4 per cent. The costs of electricity fell by 26.3 per cent.

Key selections

  • The total index went down compared to the previous year.
  • Of the cost items of real estate maintenance services, waste management costs rose most.
  • Examined by type of building, maintenance costs of industrial buildings decreased most.

Only costs of residential blocks of flats rose 

Examined by type of building, the maintenance costs of residential blocks of flats rose by 2.5 per cent. The maintenance costs of industrial buildings went down by 6.7 per cent, those of office buildings by 3.7 per cent, those of wholesale and retail trade buildings by 5.0 per cent, the costs of day care centres by 0.3 per cent, those of school buildings by 0.9 per cent and those of health care centres by 1.3 per cent from one year back.

The total index of real estate maintenance fell by 0.7 per cent from the previous quarter.

Real estate tax and plot rent are not included in the index of real estate maintenance costs 2015=100.

Figures

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Index of real estate maintenance costs 2015=100, cost items: repairs, use and maintenance, maintenance of outdoor areas

Index of real estate maintenance costs 2015=100, cost items: heating, water supply and sewage, electricity

Index of real estate maintenance costs 2015=100, Cost items: administration, cleaning, waste management

Index of real estate maintenance costs 2015=100, building types

Tables

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dex of real estate maintenance costs by building type 2015=100

Index of real estate maintenance costs by cost item 2015=100

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Documentation

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Referencing instructions

Official Statistics of Finland (OSF): Index of real estate maintenance costs [online publication].
Reference period: 2023, 4th quarter. ISSN=2954-1441. Helsinki: Statistics Finland [Referenced: 15.11.2024].
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Martti Korhonen
Senior Statistician
029 551 3451

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Eetu Toivanen
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Hannele Orjala
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