Home > Statistics > Building and dwelling production > 2021 > May > Cubic volume covered of granted building permits higher than one year earlier

Published: 20 July 2021

Cubic volume covered of granted building permits higher than one year earlier

According to Statistics Finland, in March to May 2021, building permits were granted for a total of 13.7 million cubic metres, 18.3 per cent more than one year ago. The cubic volume of residential building construction increased by 20.4 per cent during the period and that of other than residential building construction by 17.5 per cent. At the same time, 16.9 per cent more building projects were started than in the year before but completed building projects remained on a level 6.5 per cent lower than one year ago.

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

Cubic volume granted for residential building grew in March to May

In March to May, residential building projects were granted building permits for a total of 4.1 million cubic metres, the corresponding volume was 3.4 million cubic metres the year before.

Measured by volume, 16.7 per cent more building permits were granted for blocks of flats than one year earlier. The cubic volume granted for detached and semi-detached houses went up by over one-fifth, 21.6 per cent.

Building permits were granted in total for 13,127 dwellings in March to May. The figure was 22.6 per cent higher than one year previously. At the same time, construction of a total of 14,725 dwellings was started and 7,723 dwellings were completed.

Volume of residential building production grew

During March to May, the constant-price value or the volume of ongoing building production decreased by 3.0 per cent year-on-year. The volume of residential building construction increased by 2.2 per cent, while that of other than residential building construction decreased by 6.9 per cent. At the same time, building projects totalling 12.8 million cubic metres were started. Residential building starts totalled 4.4 million cubic metres, 44.7 per cent more than one year ago.

Volume index of newbuilding 2015=100, trend

Preliminary data for June

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 June by 0.2 per cent from May. The moving annual total of the volume was briskly growing by 10.1 per cent year-on-year in June.

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 (239.3 kB)

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Appendix tables

• Appendix table 1. Building production, three month total and year-on-year change (20.7.2021)
• Appendix table 2. Preliminary registered starts, moving annual total and month-on-month change (20.7.2021)

Revisions in these statistics

• Revisions in these statistics (20.7.2021)

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Updated 20.7.2021