Published: 24 March 2017
Cubic volume covered by granted building permits increased in November to January year-on-year
According to Statistics Finland, building permits were granted for a total of 8.4 million cubic metres in November to January. The cubic volume of building permits granted was 18.5 per cent higher than in the corresponding period one year previously. The cubic volume granted for commercial and office buildings remained lower than in the corresponding period of the previous year, other building types grew.
Granted building permits and building starts, mil. m3, moving annual total
Residential building construction is growing
The cubic volume of building permits granted for residential buildings in November to January was 2.3 million, which is 17.6 per cent more than one year earlier. More building permits were granted for all types of residential buildings than one year earlier.
Building permits were granted for a total of 7,534 dwellings in November to January. Their number grew by 25.4 per cent from the previous year.
Volume of building production is growing steadily
In November to January, the constant-price value or the volume of ongoing building production increased by 10.6 per cent year-on-year. The volume of construction of residential buildings increased in the period by 10.4 per cent and that of other than residential building construction by 10.7 per cent. Measured by volume, at the same time, 15.8 per cent more building projects and 10.7 per cent more residential building projects were started than one year earlier.
Volume index of newbuilding 2010=100, trend
Data of the statistics on building and dwelling production
The data of the statistics on building and dwelling production are based on the building permit data of the Population Register Centre. The register data are supplemented as municipal building supervisors provide data to the Population Information System and the now published data can become revised. The accumulation data from one year ago do not fully correspond with the accumulation of the current data and this causes bias in the change percentage calculation. For the latest months, the data still have undercoverage and will be supplemented over coming months.
Source: Building and dwelling production, Statistics Finland
Inquiries: Jose Lahtinen 029 551 3776, Merja Järvinen 029 551 2458, Heli Suonio 029 551 2481, rakennus.suhdanne@stat.fi
Director in charge: Mari Ylä-Jarkko
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Appendix tables
- Revisions in these statistics
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- Revisions in these statistics (24.3.2017)
Updated 24.3.2017
Official Statistics of Finland (OSF):
Building and dwelling production [e-publication].
ISSN=1798-9590. January 2017. Helsinki: Statistics Finland [referred: 16.11.2024].
Access method: http://www.stat.fi/til/ras/2017/01/ras_2017_01_2017-03-24_tie_001_en.html