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Published: 29 July 2011

Growth of cubic volume covered by building permits levelled off in May

In May 2011, building permits were granted for a total of nearly 4.3 million cubic metres, which is 0.6 per cent more than one year ago. This is indicated by Statistics Finland’s preliminary data from statistics on building and dwelling production.

Granted permits and building starts, mil. m3, variable annual sum

In the release the data indicated with an asterisk (*) are preliminary data.

The cubic volume covered by permits for residential buildings grew by 20.4 per cent year-on-year in May. The cubic volume covered by permits for terraced houses went up most, by nearly 66 per cent. The cubic volume covered by permits for residential blocks of flats was also growing briskly. The cubic volume covered by permits granted for detached houses also went up by nearly 10 per cent from one year back.

Among other than residential buildings only the cubic volumes covered by permits for commercial and office buildings, and agricultural buildings showed growth. The growth in the cubic volume covered by permits for commercial and office buildings amounted to good 16 per cent. The cubic volume covered by permits for office buildings showed strongest growth. The cubic volume of permits granted for agricultural buildings went up by 13.3 per cent.

By contrast, the cubic volumes covered by permits for public service buildings, and industrial and warehouse buildings decreased. In both main categories, the decrease from the respective month of the previous year was nearly 30 per cent. The biggest drops were seen in the cubic volumes covered by permits for educational buildings and warehouse buildings. The cubic volume covered by permits for industrial buildings also decreased by good one-quarter.

In May 2011, building permits were granted for 3,699 new dwellings, which is good one-quarter more than one year earlier. In the permits granted for dwellings, the numbers of permits for residential blocks of flats and terraced houses went up by roughly 45 per cent. The number of permits granted for detached houses went up by nearly nine per cent.

Volume of newbuilding grew by nearly 11 per cent in May

In May 2011, the constant-price value or the volume of ongoing building production grew by 10.8 per cent year-on-year. The volume of construction of industrial and warehouse buildings increased most, or by 32.7 per cent.

The volume of residential building construction went up by 15.4 per cent. In residential building construction, especially the volume of construction of residential blocks of flats still continued to grow strongly, being 34.1 per cent higher than in May 2010. This May, the volume of construction of detached houses grew by 5.4 per cent and that of terraced houses by 12.6 per cent from the corresponding month of 2010.

In construction of industrial and warehouse buildings, the volume of construction of industrial buildings increased by 27.8 per cent and that of warehouse buildings by 44.3 per cent from one year back.

The volume of other than residential building construction grew by almost seven per cent from last year.

Volume index for newbuilding 2005=100, trend

Source: Building and dwelling production, Statistics Finland

Inquiries: Kaj Isaksson (09) 1734 3633, Merja Järvinen (09) 1734 2458, rakennus.suhdanne@stat.fi

Director in charge: Hannele Orjala

Publication in pdf-format (288.8 kB)

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Appendix tables

• Appendix table 1. Building permits (1000 m3) (29.7.2011)
• Appendix table 2. Building permits, monthly (1000 m3) (29.7.2011)
• Appendix table 3. Building permits for dwellings (No.) (29.7.2011)
• Appendix table 4. Building permits by region (29.7.2011)
• Appendix table 5. Volume index of newbuilding 2005=100 (29.7.2011)

Figures

• Appendix figure 1. Building permits granted for dwellings, number of dwellings, variable annual sum (29.7.2011)
• Appendix figure 2. Office buildings, variable annual sum (29.7.2011)
• Appendix figure 3. Industrial and warehouses, variable annual sum (29.7.2011)

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Updated 29.7.2011