Value of renovation building fell by 5.2 per cent in the second quarter of 2023
Release related to topics:Housing and construction
release | Trend indicator of renovation building 2023, 2nd quarterAccording to Statistics Finland, the value of renovation building made by building construction enterprises fell by 5.2 per cent in the second quarter of 2023 compared to one year ago. In the first quarter of the year, the value of renovation building still rose by 3.1 per cent.
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Key selections
- The value of renovation building turned to a decline in the second quarter. The value of newbuilding fell by 8.9 per cent.
- The development has been weakening in both renovation and newbuilding for over one year.
- Trend data on renovation building have previously been published as experimental statistics.
Figures
See key statistical data in the figures.
Trend development of renovation and new building by quartal, 2021=100 2021Q1-2023Q2
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Updated database tables
Classifications used:
- Target of construction
Reference period cycle:
quarter
Updating frequency:
quarter
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Documentation
Description of the production, used methods and quality of the statistics.
Go to documentation of the statisticsReferencing instructions
Trend indicator of renovation building [online publication].
Reference period: 2023, 2nd quarter. Helsinki: Statistics Finland [Referenced: 21.11.2024].
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Service email
rakennus.suhdanne@stat.fiEetu Toivanen
Senior Statistician
029 551 3331
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Hannele Orjala
Head of Department in charge
029 551 3582