Published: 20 April 2021

Cubic volume covered of granted building permits increased from one year back

According to Statistics Finland, in December to February, building permits were granted for a total of 7.3 million cubic metres, 3.3 per cent more than one year ago. The cubic volume granted for residential building construction grew by 30.9 per cent from the year before. The cubic volume of other than residential building construction went down by 9.1 per cent.

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

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

Cubic volume granted for residential building grew in December to February

In December to February, building permits granted for residential building projects totalled 2.9 million cubic metres, the figure being 2.2 million cubic metres one year earlier.

Building permits were granted in cubic metres for blocks of flats considerably more than one year earlier, growing by 42.9 per cent year-on-year. The cubic volume granted for detached houses went up by 11.2 per cent.

Building permits were granted for a total of 9,300 dwellings in December to February. The figure was 22.4 per cent higher than one year previously. At the same time, a total of 9,730 dwellings were started and 8,930 dwellings were completed.

Volume of building production decreased

In December to February, the constant-price value or the volume of ongoing building production decreased by 4.3 per cent year-on-year. The volume of construction of residential buildings decreased by 5.0 per cent and that of other than residential building construction by 3.7 per cent. In the same period, new building projects of 7.1 million cubic metres were started, 15.8 per cent more than one year earlier. The number of residential building starts was 32.7 per cent higher than one year ago.

Volume index of newbuilding 2015=100, trend

Volume index of newbuilding 2015=100, trend

Preliminary data for March

For the time being, Statistics Finland publishes preliminary data on building projects started. This time series is available from 2018 onwards.

According to preliminary data, the moving annual total of building projects started grew in March by 1.9 per cent compared to February. Especially as a result of the strong last six months, the moving annual volume grew by 4.3 per cent year-on-year in March.

Preliminary registered starts, mil. m3, moving annual total

Preliminary registered starts, mil. m3, moving annual total

The figures are not comparable with the estimated starts given in the publications. Preliminary data are based on registered starts and their values are not supplemented from the first publication.


Source: Building and dwelling production, Statistics Finland

Inquiries: Kalle Laukkanen 029 551 3017, Merja Järvinen 029 551 2458, Petri Kettunen 029 551 3558, rakennus.suhdanne@stat.fi

Head of Department in charge: Hannele Orjala

Publication in pdf-format (238.3 kB)

Tables

Tables in databases

Appendix tables

Revisions in these statistics

Updated 20.4.2021

Referencing instructions:

Official Statistics of Finland (OSF): Building and dwelling production [e-publication].
ISSN=1798-9590. February 2021. Helsinki: Statistics Finland [referred: 17.5.2021].
Access method: http://www.stat.fi/til/ras/2021/02/ras_2021_02_2021-04-20_tie_001_en.html