Published: 20 October 2017
Cubic volume covered by granted building permits decreased in June to August
According to Statistics Finland, building permits were granted for a total of 8.1 million cubic metres in June to August 2017. The cubic volume of building permits granted was 14.4 per cent lower than in the corresponding period one year previously. Growth occurred only in building permits granted for construction of commercial and office buildings. The cubic volume of residential building construction remained nearly on level with the previous year.
Granted building permits and building starts, mil. m3, moving annual total
No significant change in residential building construction year-on-year
During summer, building permits for residential buildings were granted for a total of 3.3 million cubic metres. The number remained almost unchanged from one year earlier. In June to August, the cubic volume of residential blocks of flats declined by 1.4 per cent and that of detached houses by six per cent.
In June to August, building permits were granted for a total of 10,929 dwellings, growing by 1.9 per cent from the corresponding period of last year.
Volume of building production grew year-on-year
In June to August, the constant-price value or the volume of ongoing building production increased by 7.9 per cent year-on-year. The volume of construction of residential buildings increased in the period by 7.2 per cent and that of other than residential building construction by 8.4 per cent. Measured by volume, at the same time, 17.2 per cent more building projects and 24.1 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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- Revisions in these statistics (20.10.2017)
Updated 20.10.2017
Official Statistics of Finland (OSF):
Building and dwelling production [e-publication].
ISSN=1798-9590. August 2017. Helsinki: Statistics Finland [referred: 28.12.2024].
Access method: http://www.stat.fi/til/ras/2017/08/ras_2017_08_2017-10-20_tie_001_en.html