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Published: 31 August 2010

Cubic volume covered by granted building permits decreased by 6 per cent in June

In June 2010, building permits were granted for a total of 3.8 million cubic metres, which is 6 per cent less than one year ago. This is indicated by Statistics Finland’s preliminary data from statistics on building and dwelling production.

Granted permits (sliding year sum)

Granted permits (sliding year sum)

The cubic volume covered by permits for residential buildings grew by 49 per cent and, in particular, the cubic volume for terraced houses doubled from the previous year’s June. The cubic volumes covered by permits for public service buildings and agricultural buildings were also on the increase. The cubic volumes covered by permits for commercial and office buildings, and industrial and warehouse buildings, in turn, decreased.

In June 2010, building permits were granted for 3,162 new dwellings, which is 43 per cent more than one year earlier. The number of permits granted for new terraced houses doubled and that for residential blocks of flats grew by 60 per cent from one year back. The number of permits granted for detached houses also went up by 29 per cent.

Over the January to June period, the total number of granted building permits grew by four per cent from the previous year. The number of permits granted for residential buildings went up by 60 per cent. The cubic volume covered by permits for commercial and office buildings decreased by 26 per cent from the respective time period of the year before.

Volume of newbuilding went up by nearly 25 per cent in June

In June 2010, the constant-price value, or volume of ongoing building production grew by 24.8 per cent year-on-year. The volume of residential building construction increased most, or by 85.5 per cent from one year before. The strong growth is explained by the exceptionally low volume of residential building construction in 2008.

In residential building construction, especially the volume of construction of terraced houses continued to grow strongly. Volumes have also gone up briskly in the construction of residential blocks of flats and detached houses starting from the early months of 2010 when compared with the respective months of the previous year.

The volume of other than residential building construction contracted again slightly. The drop from June 2009 amounted to nearly 5 per cent.

Compared with last year’s June, volumes decreased most, or by good 30 per cent, in the construction of industrial and warehouse buildings, and office buildings.

Volume index for newbuilding 2005=100

Volume index for newbuilding 2005=100

Source: Building and dwelling production, Statistics Finland

Inquiries: Kaj Isaksson (09) 1734 3633, Merja Järvinen (09) 1734 2458, rakennus.suhdanne@stat.fi

Director in charge: Hannele Orjala

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Updated 31.08.2010

Referencing instructions:

Official Statistics of Finland (OSF): Building and dwelling production [e-publication].
ISSN=1798-9590. June 2010. Helsinki: Statistics Finland [referred: 22.11.2024].
Access method: http://www.stat.fi/til/ras/2010/06/ras_2010_06_2010-08-31_tie_001_en.html