Home > Statistics > Building and dwelling production > 2021 > November > Cubic volume covered of granted building permits lower in September to November than one year earlier

Published: 25 January 2022

Cubic volume covered of granted building permits lower in September to November than one year earlier

According to Statistics Finland, in September to November 2021, building permits for newbuilding were granted for a total of 9.3 million cubic metres, 11.6 per cent less than one year ago. A total of 3.1 million cubic metres were granted for residential building construction, which was 14.1 per cent less than one year ago. The cubic volume of other than residential building construction went down by 10.2 per cent.

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

Cubic volume of blocks of flats projects decreased further year-on-year

The cubic volume granted for residential newbuilding projects in September to November was divided between 1.7 million cubic metres for blocks of flats projects and 1.4 million cubic metres for detached and semi-detached house projects. The cubic volume granted for blocks of flats projects went down by 24.9 per cent in the period from one year back. The cubic volume granted for detached and semi-detached house projects grew slightly over the period, by 2.2 per cent.

Building permits were granted for a total of 10,056 dwellings in September to November. The number was 18.4 per cent lower than one year earlier. Over the same period, construction of a total of 13,591 dwellings was started, up by 5.7 per cent from a year ago. The number of completed dwellings was 2.7 per cent lower than one year earlier, 10,095.

Volume of residential building production continued growing

In September to November, the constant-price value or the volume of ongoing building production increased by 6.2 per cent year-on-year. The volume of residential building construction grew by 16.7 per cent. Simultaneously, newbuilding projects totalling 11.5 million cubic metres were started, while one year earlier the volume was 11.6 million cubic metres. The number of residential building starts was 8.9 per cent higher than one year ago.

Volume index of newbuilding 2015=100, trend

Preliminary data for December

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 decreased by 1.1 per cent from November to December. The moving annual total of the volume was still growing by 7.1 per cent compared to the year before.

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 (241.4 kB)

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Appendix tables

• Appendix table 1. Building production, three month total and year-on-year change (25.1.2022)
• Appendix table 2. Preliminary registered starts, moving annual total and month-on-month change (25.1.2022)

Revisions in these statistics

• Revisions in these statistics (25.1.2022)

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Updated 25.1.2022