Home > Statistics > Building and dwelling production > 2016 > May > Cubic volume covered by granted building permits grew further

Published: 22 July 2016

Cubic volume covered by granted building permits grew further

According to Statistics Finland, in March to May 2016, building permits were granted for a total of 11.8 million cubic metres, which is 17.1 per cent more than one year ago. The growth was particularly due to the cubic volume of building permits granted for commercial and office buildings. The 24.0 per cent growth in the volume of construction of commercial and office buildings is explained by building permits granted for new shopping centre projects.

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

Residential building continued as lively

In March to May 2016, the cubic volume of building permits granted for residential buildings grew by 9.4 per cent. The growth was affected by building permits granted for terraced houses and block of flats. In March to May, building permits were granted for a total of nearly 9,600 dwellings, which is 10.6 per cent more than in the corresponding period one year earlier.

Growth in total newbuilding production

In March to May, the constant-price value or the volume of ongoing building production increased by 18.9 per cent year-on-year. The volume of construction of residential buildings increased in the period by 24.1 per cent and that of other than residential building construction by 15.1 per cent. Measured by volume, in total 30.0 per cent more building projects and 21.2 per cent more residential building projects were started than one year earlier.

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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Appendix tables

• Appendix table 1. Building production, three month total and year-on-year change (22.7.2016)

Revisions in these statistics

• Revisions in these statistics (22.7.2016)

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Updated 22.7.2016