Cubic volume covered by granted building permits declined in the third quarter year-on-year

According to Statistics Finland, building permits were granted for a total of 6.6 million cubic metres in July to September 2016. The figure was 30 per cent lower than one year earlier. Measured by volume, fewer building permits were granted in all types of buildings than one year earlier.

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

Building permits granted for residential building decreased from one year back

The cubic volume of building permits granted for residential buildings in July to September was 2.5 million, which is 11.5 per cent lower than one year earlier. Permits granted for residential building diminished in all types of houses.

Building permits were granted for building a total of 8,120 dwellings, which is 3.8 per cent lower than in the corresponding period of one year earlier.

Volume of building production is growing steadily

In July to September, the constant-price value or the volume of ongoing building production increased by 10.2 per cent year-on-year. The volume of construction of residential buildings increased in the period by 6.2 per cent and that of other than residential building construction by 13.5 per cent. Measured by volume, at the same time, 3.6 per cent more building projects and 19.9 per cent more residential building projects were started than one year earlier.

Volume index of newbuilding 2010=100, trend

Data of the statistics on building and dwelling production

The published data are based on the building permit data of the Population Register Centre. The register data are supplemented as municipal building supervisors provide data to the Population Information System and the now published data can become revised. Due to the reviews of the Population Information System, the accrued data from one year back do not fully correspond to those of the present data and cause bias to the calculation of change percentages. The data still has undercoverage for the newest months and will be supplemented over coming months.

Source: Building and dwelling production, Statistics Finland

Inquiries: Jose Lahtinen 029 551 3776, Merja Järvinen 029 551 2458, Heli Suonio 029 551 2481, rakennus.suhdanne@stat.fi

Director in charge: Mari Ylä-Jarkko

Publication in pdf-format (219.1 kB)

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Appendix tables

Appendix table 1. Building production, three month total and year-on-year change (25.11.2016)

Revisions in these statistics

Revisions in these statistics (25.11.2016)

Updated 25.11.2016

Referencing instructions:

Official Statistics of Finland (OSF): Building and dwelling production [e-publication].
ISSN=1798-9590. September 2016. Helsinki: Statistics Finland [referred: 22.11.2024].
Access method: http://www.stat.fi/til/ras/2016/09/ras_2016_09_2016-11-25_tie_001_en.html