Published: 23 March 2018
Cubic volume covered by granted building permits decreased in November to January year-on-year
According to Statistics Finland's data, in November to January, building permits were granted for a total of 8.0 million cubic metres, which was 11.1 per cent lower than one year ago. Residential building construction grew by 17.9 per cent, while other than residential building construction decreased by 21.9 per cent compared with the corresponding period one year ago. Residential building construction covered nearly one-third of the total cubic volume of construction.
Granted building permits and building starts, mil. m3, moving annual total
Residential building construction continued growing
During November to January, building permits for residential buildings were granted for a total of 2.9 million cubic metres. More building permits were granted for all types of residential buildings than one year earlier. Growth was strongest in the construction of blocks of flats.
In November to January, building permits were granted for a total of 10,079 dwellings, growing by 26.9 per cent from the corresponding period of the year before.
Volume of building production grew year-on-year
In November to January, the constant-price value or the volume of ongoing building production increased by 8.0 per cent year-on-year. The volume of residential building construction increased in the period by 10.7 per cent and that of other than residential building construction by 5.5 per cent. Measured by volume, at the same time, 14.8 per cent more building projects and 42.4 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.
Source: Building and dwelling production, Statistics Finland
Inquiries: Atte Kyrölä 029 551 3658, Merja Järvinen 029 551 2458, Heli Suonio 029 551 2481, rakennus.suhdanne@stat.fi
Director in charge: Sami Saarikivi
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- Revisions in these statistics
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- Revisions in these statistics (23.3.2018)
Updated 23.3.2018
Official Statistics of Finland (OSF):
Building and dwelling production [e-publication].
ISSN=1798-9590. January 2018. Helsinki: Statistics Finland [referred: 16.11.2024].
Access method: http://www.stat.fi/til/ras/2018/01/ras_2018_01_2018-03-23_tie_001_en.html