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Published: 23 June 2016

Cubic volume covered by granted building permits grew in the early part of the year

According to Statistics Finland, in February to April 2016, building permits were granted for a total of 10.1 million cubic metres, which is 9.3 per cent more than one year ago. The growth was also attributable to building permits granted for residential buildings and public service buildings.

Granted building permits and building starts, mil. m3, moving annual total

Granted building permits and building starts, mil. m3, moving annual total

Construction of residential buildings still growing

Measured by volume, more building permits were granted in February to April for terraced houses and residential blocks of flats than last year, which pushed residential building construction to a growth of 12.1 per cent.

Growth in total production of newbuilding

In February to April, the constant-price value or the volume of ongoing building production increased by 16.5 per cent year-on-year. The volume of construction of residential buildings increased in the period by 20.2 per cent and that of other than residential building construction by 13.7 per cent. Measured by volume, 24.1 per cent more building projects and 27.1 per cent more residential building projects were started than one year earlier.

Volume index of newbuilding 2010=100, trend

Volume index of newbuilding 2010=100, trend

Source: Building and dwelling production, Statistics Finland

Inquiries: Heli Suonio 029 551 2481, Merja Järvinen 029 551 2458, rakennus.suhdanne@stat.fi

Director in charge: Mari Ylä-Jarkko

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Revisions in these statistics

Updated 23.6.2016

Referencing instructions:

Official Statistics of Finland (OSF): Building and dwelling production [e-publication].
ISSN=1798-9590. April 2016. Helsinki: Statistics Finland [referred: 16.11.2024].
Access method: http://www.stat.fi/til/ras/2016/04/ras_2016_04_2016-06-23_tie_001_en.html