Value of renovation building fell in the third quarter of 2023

Release related to topics:Housing and construction
release | Trend indicator of renovation building 2023, 3rd quarter

Change

New database table for the trend indicator of renovation building.
Read more about the change

According to Statistics Finland, the value of renovation building made by building construction enterprises fell by 6.7 per cent in the third quarter of 2023 compared to one year ago.

Key selections

  • The value of renovation building decreased for the second quarter in a row.
  • The value of newbuilding fell by 12.2 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.

Change

New database table for the trend indicator of renovation building.
Read more about the change

Figures

See key statistical data in the figures.

Trend development of renovation and newbuilding by quartal, 2021=100, 2021Q1-2023Q3

Database tables

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Updated database tables
Classifications used:
  • Target of construction
Reference period cycle:
quarter
Updating frequency:
quarter
Updated:
New database tables
Classifications used:
  • Target of construction
  • Revision
Reference period cycle:
quarter
Updating frequency:
quarter
Updated:

Future releases

Documentation

Description of the production, used methods and quality of the statistics.

Go to documentation of the statistics

Referencing instructions

Trend indicator of renovation building [online publication].
Reference period: 2023, 3rd quarter. Helsinki: Statistics Finland [Referenced: 22.11.2024].
Access method:

Statistical experts

Inquiries primarily

Eetu Toivanen
Senior Statistician
029 551 3331

Head of Department in charge

Hannele Orjala
Head of Department in charge
029 551 3582