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Published: 28 May 2014

Cubic volume covered by granted building permits grew by good 4 per cent in the first quarter of 2014 from the year before

According to the preliminary data of Statistics Finland's statistics on building and dwelling production, in the first quarter of 2014, building permits were granted for a total of 6.6 million cubic metres, which is 4.3 per cent more than one year ago. The cubic volume covered by building permits granted for residential buildings increased by 16.8 per cent over the same period.

Building permits granted and building starts, mil. m3, variable annual sum

Building permits granted and building starts, mil. m3, variable annual sum
In the release the data indicated with an asterisk (*) are preliminary data.

Number of building permits granted was nearly 30 per cent higher in March than one year previously

In March 2014, building permits were granted for a total of 3.0 million cubic metres. The growth amounted to 29.8 per cent year-on-year.

The cubic volume covered by permits for residential buildings grew by 88.2 per cent. The growth is mainly explained by the high cubic volume of building permits granted for residential blocks of flats.

The cubic volume granted for other than residential building went up by 5.6 per cent from the cubic volume granted one year ago.

The volume of newbuilding contracted in March by five per cent from one year back

In March 2014, the constant-price value or the volume of ongoing building production decreased by 4.8 per cent year-on-year.

The volume of residential building construction diminished in March by 12.2 per cent. The volume of other than residential building construction went up by 2.7 per cent from one year ago.

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 28.5.2014

Referencing instructions:

Official Statistics of Finland (OSF): Building and dwelling production [e-publication].
ISSN=1798-9590. March 2014. Helsinki: Statistics Finland [referred: 24.11.2024].
Access method: http://www.stat.fi/til/ras/2014/03/ras_2014_03_2014-05-28_tie_001_en.html