Published: 22 September 2017
Cubic volume of granted building permits decreased in May to July
According to Statistics Finland, building permits were granted for a total of 10.4 million cubic metres in May to July 2017. The cubic volume of building permits granted was 11.7 per cent lower than in the corresponding period one year previously. The change percentage was affected by the low cubic volume of industrial and warehouse buildings, as well as public service buildings compared to one year earlier. The cubic volume of residential building was still growing.
Granted building permits and building starts, mil. m3, moving annual total
Construction of blocks of flats is still growing
In May to July, building permits for residential buildings were granted for a total of 3.9 million cubic metres. The figure was 7.4 per cent higher than in the corresponding period one year previously. The cubic volume of residential blocks of flats grew by 16.7 per cent and that of terraced houses by 16.3 per cent from one year ago.
In May to July, building permits were granted for a total of 12,909 dwellings, growing by 14.5 per cent year-on-year. The number of dwellings has developed positively for several years now.
The volume of building production increased from one year ago
In May to July, the constant-price value or the volume of ongoing building production increased by 10.1 per cent year-on-year. The volume of construction of residential buildings increased in the period by 9.6 per cent and that of other than residential building construction by 10.5 per cent. Measured by volume, at the same time, 12.4 per cent more building projects and 22.8 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 data of the statistics on building and dwelling production 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.
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: Sami Saarikivi
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Appendix tables
- Revisions in these statistics
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- Revisions in these statistics (22.9.2017)
Updated 22.9.2017
Official Statistics of Finland (OSF):
Building and dwelling production [e-publication].
ISSN=1798-9590. July 2017. Helsinki: Statistics Finland [referred: 22.11.2024].
Access method: http://www.stat.fi/til/ras/2017/07/ras_2017_07_2017-09-22_tie_001_en.html