Home > Statistics > Building and dwelling production > 2011 > December > Cubic volume covered by granted building permits turned to decline in the last quarter of 2011

Published: 28 February 2012

Cubic volume covered by granted building permits turned to decline in the last quarter of 2011

According to the preliminary data of Statistics Finland's statistics on building and dwelling production, in the fourth quarter of 2011 building permits were granted for a total of 7.4 million cubic metres, which is 18.4 per cent less than one year ago. The cubic volume covered by permits for residential buildings decreased by 23 per cent from one year back.

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

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

Cubic volume covered by granted building permits decreased by over 14 per cent in December

In December 2011, building permits were granted for a total of 2.1 million cubic metres, which is 14.4 per cent less than one year earlier. This is indicated by Statistics Finland’s preliminary data from statistics on building and dwelling production.

The cubic volume covered by permits for residential buildings decreased by 22.5 per cent in December. The cubic volume covered by permits for residential blocks of flats fell by 43.2 per cent. The cubic volume covered by permits granted for terraced houses grew by 32 per cent from one year back in December. The cubic volume covered by permits for detached houses went up slightly.

The cubic volume covered by permits granted for other than residential buildings fell by ten per cent from one year ago.

The biggest year-on-year decrease of 37.3 per cent was seen in the cubic volume covered by permits for commercial and office buildings. The cubic volumes covered by permits for public service buildings, and industrial and warehouse buildings went up slightly.

In December 2011, building permits were granted for 1,691 new dwellings, which is 22.7 per cent fewer than one year earlier. The number of permits for dwellings in residential blocks of flats fell by 40 per cent from one year back.

Volume of newbuilding grew by 2.6 per cent in December

In December 2011, the constant-price value or the volume of ongoing building production was up by 2.6 per cent year-on-year. The volume of residential building construction remained almost on level with the previous year.

The volume of residential building construction has been growing distinctly more slowly since spring 2011. In December, the volume of terraced house construction grew by 15.4 per cent and that of construction of residential blocks of flats by 8.5 per cent. The volume of detached house construction contracted by 5.7 per cent from December 2010.

The volume of construction of industrial and warehouse buildings increased most, or by nearly 24.2 per cent from one year earlier. The volume of industrial building construction grew by 12.5 per cent and that of warehouse building construction by 47.6 per cent from December 2010. The volume of commercial and office building construction increased by 3.5 per cent from one year back.

The volume of public service building construction fell by 6.5 per cent year-on-year in December. The volume of other than residential building construction went up by 5.6 per cent.

Volume index for newbuilding 2005=100, trend

Source: Building and dwelling production, Statistics Finland

Inquiries: Merja Järvinen 09 1734 2458, Heli Suonio 09 1734 2481

Director in charge: Hannele Orjala

Publication in pdf-format (364.6 kB)

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Appendix tables

• Appendix table 1. Building permits, 1000 m3 (28.2.2012)
• Appendix table 2. Building permits monthly, 1000 m3 (28.2.2012)
• Appendix table 3. Building permits for dwellings, No. (28.2.2012)
• Appendix table 4. Building permits by region (28.2.2012)
• Appendix table 5. Volume index of newbuilding 2005=100 (28.2.2012)
• Appendix table 6. Newbuilding 4. quarter, 2011*, mil. m3 (28.2.2012)
• Appendix table 7. Building permits, mil. m3 (28.2.2012)
• Appendix table 8. Building starts, mil. m3 (28.2.2012)
• Appendix table 9. Building completions, mil. m3 (28.2.2012)
• Appendix table 10. Volume index of newbuilding 2005=100 (28.2.2012)
• Appendix table 11. Dwelling construction by building type 2002-2011, number, building permits and building starts (28.2.2012)
• Appendix table 12. Dwelling constructions by building type 2002-2011, number, buildings under construction and building completions (28.2.2012)

Figures

• Appendix figure 1. Housing production, sliding annual sum (28.2.2012)
• Appendix figure 2. Office buildings, sliding annual sum (28.2.2012)
• Appendix figure 3. Industrial and warehouses, sliding annual sum (28.2.2012)
• Appendix figure 4. Volume index for newbuilding 2005=100, annual change % (28.2.2012)

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Updated 28.2.2012