Correction
Database tables 15er and 15f7 have been corrected on 14.8.2026.
Read more about the correctionBuilding stock and new production 2026, May
Cubic volume of granted building permits increased by 9 per cent in May 2026 from one year back
releaseAccording to Statistics Finland, the annual cubic volume of construction actions having been granted a building permit for newbuilding increased by nine per cent in May 2026 from one year ago. Building permits were granted for a total of 33 million cubic metres between June 2025 and May 2026. Over the period, building projects totalling 28 million cubic metres were completed, which was the same volume as one year earlier.
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Key selections
- In May 2026, the annual cubic volume of building permits granted for residential buildings decreased by 12 per cent. The cubic volume of other than residential building construction went up by 15 per cent.
- Building permits were granted for a total of 15,941 dwellings, which was 16 per cent less than one year earlier.
- The trend of the volume index of newbuilding, which describes the constant-price value of ongoing building production, remained at the same level in May 2026 as one year earlier.
- The moving annual total of cubic volume of building projects started was four 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 twelve regions
The annual total cubic volume of building permits granted for newbuilding was highest in Uusimaa and Southwest Finland in May 2026. The cubic volume was bigger than one year earlier in twelve regions.
The annual total of the cubic volume of completed building projects was highest in Uusimaa and Pirkanmaa in May 2026. The cubic volume went up in nine regions.
In the whole country, the annual total of new dwellings completed at building sites was 20,640 in May 2026, which was four per cent higher than one year earlier. Among the regions, most dwellings were completed in Uusimaa, 9,697. Compared to the previous year, the number of completed new dwellings increased in nine regions.
Figures
See key statistical data in the figures.
Volume index of newbuilding 2020=100, trend in 2000M01 to 2026M05
Construction actions having been granted a building permit by region, moving annual total, 2026M05
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Referencing instructions
Official Statistics of Finland (OSF): Building stock and new production [online publication].
Reference period: 2026, May. Helsinki: Statistics Finland [Referenced: 31.8.2026].
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rakennus.suhdanne@stat.fiInquiries primarily
Mika Ronkainen
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029 551 3425
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Harri Lehtinen
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029 551 3403