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Published: 19 September 2019

Real estate maintenance costs rose by 2.6 per cent year-on-year

Real estate maintenance costs rose by 2.6 per cent in the second quarter of 2019 compared to the corresponding period of 2018. These data derive from Statistics Finland’s index of real estate maintenance costs 2015=100.

Index of real estate maintenance costs 2015=100 annual changes by quarter, %

Index of real estate maintenance costs 2015=100 annual changes by quarter, %

Of the cost items of the index of real estate maintenance, electricity costs increased most, by 9.9 per cent. Renovation costs and heating costs grew by 2.6 per cent. Waste management costs increased by 1.5 per cent, costs of maintenance of outdoor areas by 1.4 per cent and administration costs by 1.3 per cent. Water supply and sewage costs rose by 1.2 per cent and use and maintenance costs by 0.7 per cent. Cleaning costs remained at last year’s level.

Examined by building type, the maintenance costs of industrial buildings went up most, by 3.8 per cent. The costs of wholesale and retail trade buildings increased by 3.4 per cent and the costs of office buildings by 3.2 per cent. Maintenance costs of residential blocks of flats, day care centres and school buildings grew by 2.2 per cent. The maintenance costs of health care centres went up by 2.1 per cent year-on-year.

The total index of real estate maintenance rose by 0.4 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. A special index expanded with these cost items and indices with old base years are available in the Built environment -service .

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: heating, water supply and sewage, electricity

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: repairs, use and maintenance, maintenance of outdoor areas

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

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

Source: Index of real estate maintenance costs 2015=100, Statistics Finland

Inquiries: Eetu Toivanen 029 551 3331, Liina Arhosalo 029 551 3612, rakennus.indeksit@stat.fi

Director in charge: Mari Ylä-Jarkko

Publication in pdf-format (253.5 kB)

Tables

Appendix tables

Figures

Updated 19.9.2019

Referencing instructions:

Official Statistics of Finland (OSF): Index of real estate maintenance costs [e-publication].
2nd quarter 2019. Helsinki: Statistics Finland [referred: 22.11.2024].
Access method: http://www.stat.fi/til/kyki/2019/02/kyki_2019_02_2019-09-19_tie_001_en.html