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Published: 31 May 2011

The cubic volume of granted building permits grew by good 4 per cent in the first quarter of 2011

Corrected on 1 June 2011. The correction is indicated in red. Was previously down from.

According to preliminary data of Statistics Finland's statistics on building and dwelling production, in the first quarter of 2011 building permits were granted for a total of 8.9 million cubic metres, which is 4.5 per cent up on one year ago. The cubic volume covered by permits for residential buildings went down by 2.9 per cent in the first quarter compared with the beginning of last year.

Granted permits and building starts, mill m3, moving annual total

Granted permits and building starts, mill m3, moving annual total
In the release the data indicated with an asterisk (*) are preliminary data.

Cubic volume covered by granted building permits grew by nearly 5 per cent in March

In March 2011, building permits were granted for a total of 3.6 million cubic metres, which is 4.8 per cent more than one year ago. The growth was biggest in the cubic volume covered by permits granted for industrial and warehouse buildings. This is indicated by Statistics Finland’s preliminary data from statistics on building and dwelling production.

The cubic volume covered by permits for residential buildings went up by 18.7 per cent in March. The biggest growth, about 70 per cent, was recorded for the cubic volume of residential blocks of flats. The cubic volume covered by permits for terraced houses went up by around one quarter. In contrast, the cubic volume covered by permits for detached houses fell by close on nine per cent.

In March 2011, building permits were granted for 3,251 new dwellings, which is 36.2 per cent more than one year earlier. The number of permits granted for dwellings built in residential blocks of flats grew by over 85 per cent and the corresponding figure for terraced houses was nearly 16 per cent. The number of permits granted for detached houses went down by 5.4 per cent.

According to the final data for 2010, the cubic volume of all buildings grew by one per cent from 2009. The cubic volume covered by permits for residential buildings went up by 29.8 per cent. The cubic volume covered by permits for commercial and office buildings fell by 18.6 per cent and for public ser-vice buildings by 15.1 per cent.

Volume of newbuilding went up by over 19 per cent in March

In March 2011, the constant-price value or the volume of ongoing building production was up by 19.4 per cent year-on-year. The volume of residential building increased most, or by 27.4 per cent from one year before.

In residential building the volume of blocks of flats particularly continued to grow strongly. The volumes have also been growing in the construction of terraced houses and detached houses during the year. The volume of blocks of flats grew by 44.8 per cent, terraced houses by 36.4 per cent and that of detached houses by 16.9 per cent. The volume of other than residential building construction grew by 12.5 per cent from March 2010.

Volume index for newbuilding 2005=100, trend

Volume index for newbuilding 2005=100, trend

Source: Building and dwelling production, Statistics Finland

Inquiries: Merja Järvinen (09) 1734 2458, Heli Suonio (09) 1734 2481

Director in charge: Hannele Orjala

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Updated 31.5.2011

Referencing instructions:

Official Statistics of Finland (OSF): Building and dwelling production [e-publication].
ISSN=1798-9590. March 2011. Helsinki: Statistics Finland [referred: 21.11.2024].
Access method: http://www.stat.fi/til/ras/2011/03/ras_2011_03_2011-05-31_tie_001_en.html