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Published: 17 March 2020

Real estate maintenance costs rose by 1.4 per cent year-on-year

Corrected 16 June 2020: Appendix tables 1 and 2 were corrected. The corrections are indicated in red.

Real estate maintenance costs rose by 1.4 per cent in the last 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, %

Of the cost items of the index of real estate maintenance, electricity costs increased most, by 4.1 per cent. Renovation costs went up by 2.1 per cent and heating costs by 0.6 per cent. Waste management costs increased by 1.6 per cent, costs of maintenance of outdoor areas by 0.4 per cent and administration costs by 1.8 per cent. Water supply and sewage costs rose by 1.1 per cent and use and maintenance costs by 0.3 per cent. Cleaning costs increased by 0.4 per cent.

Examined by building type, the maintenance costs of wholesale and retail trade buildings and industrial buildings went up most, by 1.7 per cent. The costs of office buildings went up by 1.6 per cent. The maintenance costs of day care centres and school buildings grew by 1.2 per cent and the costs of blocks of flats by 1.3 per cent. The maintenance costs of health care centres went up by 1.2 per cent year-on-year.

The total index of real estate maintenance rose by 0.3 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: repairs, use and maintenance, maintenance of outdoor areas

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: Martti Korhonen 029 551 3451, Eetu Toivanen 029 551 3331, info@stat.fi

Director in charge: Mari Ylä-Jarkko

Publication in pdf-format (260.6 kB)

Tables

Appendix tables

• Appendix table 1. Index of real estate maintenance costs by building type 2015=100 (Appendix table was corrected on 16 June 2020.) (17.3.2020)
• Appendix table 2. Index of real estate maintenance costs by cost item 2015=100 (Appendix table was corrected on 16 June 2020.) (17.3.2020)

Figures

• Appendix figure 1. Index of real estate maintenance costs 2015=100, Building types (17.3.2020)

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Updated 17.3. 2020