Cubic volume of granted building permits decreased by 9 per cent in May 2025 from one year back
According to Statistics Finland, the annual cubic volume of construction actions having been granted a building permit for newbuilding decreased by nine per cent in May 2025 from one year ago. Building permits were granted for a total of 28 million cubic metres between June 2024 and May 2025. Over the period, building projects totalling 27 million cubic metres were completed, which was 19 per cent down from one year earlier.
Key selections
- In May 2025, the annual cubic volume of building permits granted for residential buildings decreased by six per cent. The cubic volume of other than residential building construction went down by ten per cent.
- Building permits were granted for a total of 17,796 dwellings, which was eight per cent fewer than one year earlier.
- The trend of the volume index of newbuilding, which describes the constant-price value of ongoing building production, was six per cent lower in May 2025 than one year earlier.
- The moving annual total of cubic volume of building projects started was three per cent lower than one year earlier.
- The data on building projects started in the latest 24 months are estimated values, and they will become revised most during around 12 months from the first release.
Cubic volume covered by granted building permits was bigger than one year ago in eight regions
The annual total cubic volume of building permits granted for newbuilding was highest in Uusimaa and Pirkanmaa in May 2025. The cubic volume was bigger than one year earlier in eight regions.
The annual total of the cubic volume of completed building projects was highest in Uusimaa and North Ostrobothnia in May 2025. The cubic volume went up in six regions.
In the whole country, the annual total of new dwellings completed at building sites was 19,346 in May 2025, which was 42 per cent lower than one year earlier. Among the regions, most dwellings were completed in Uusimaa, 9,713. Compared to the previous year, the number of completed new dwellings increased only in the region of Kymenlaakso.
Figures
Volume index of newbuilding 2020=100, trend in 2000M01 to 2025M05
Construction actions having been granted a building permit by region, m3, moving annual total, 2025M05
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- Region 2025
- Classification of Buildings 2018
- Classification of Buildings 2018
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