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Published: 21 April 2011

Cubic volume covered by granted building permits grew by nearly 18 per cent in February

In February 2011, building permits were granted for a total of three million cubic metres, which is 17.5 per cent more than one year ago. This is indicated by Statistics Finland’s preliminary data from statistics on building and dwelling production.

Granted permits, moving annual total

Granted permits, moving annual total
In the release the data indicated with an asterisk (*) are preliminary data.

The cubic volume covered by permits for residential buildings went down by 11.0 per cent in February from one year back. The cubic volume covered by permits for residential blocks of flats fell by 32.5 per cent. In contrast, the cubic volume covered by permits for detached houses grew by 14.3 per cent. The cubic volume covered by permits for terraced houses went up by 3.6 per cent.

The cubic volume covered by permits for commercial and office buildings increased by 43.7 per cent. The growth was biggest for commercial buildings.

The cubic volume of industrial and warehouse buildings also increased by 18.8 per cent. This was due to growth in the cubic volume of industrial buildings.

In February 2011, building permits were granted for 1,836 new dwellings, which is nearly one quarter less than one year earlier. In permits granted for dwellings the number of permits for residential blocks of flats fell most, by 39.5 per cent. The number of permits for terraced houses went down by 9.0 per cent. The number of permits granted for detached houses grew by 9.8 per cent.

Volume of newbuilding went up by 20 per cent in February

In February 2011, the constant-price value or the volume of ongoing building production was up by 19.8 per cent year-on-year. The volume of residential building construction increased most, or by 28.9 per cent.

In residential building, strong growth continued especially in the volume of construction of terraced houses, being up by 48.4 per cent on February 2010. Volumes are also still growing in the construction of residential blocks of flats and detached houses. The volume of construction of industrial and warehouse buildings increased by 22.2 per cent and that of other than residential building construction by 11.8 per cent from one year back.

Volume index for newbuilding 2005=100, trend

Volume index for newbuilding 2005=100, trend

Source: Building and dwelling production, Statistics Finland

Inquiries: Mika Sirviö (09) 1734 2723, Heli Suonio (09) 1734 2481, rakennus.suhdanne@stat.fi

Director in charge: Hannele Orjala

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Updated 21.4.2011

Referencing instructions:

Official Statistics of Finland (OSF): Building and dwelling production [e-publication].
ISSN=1798-9590. February 2011. Helsinki: Statistics Finland [referred: 21.11.2024].
Access method: http://www.stat.fi/til/ras/2011/02/ras_2011_02_2011-04-21_tie_001_en.html