Published: 23 January 2018
Cubic volume covered by granted building permits decreased in September to November year-on-year
According to Statistics Finland, building permits were granted for a total of 9.4 million cubic metres in September to November 2017. The cubic volume of building permits granted was 8.4 per cent lower than in the corresponding period one year previously. The over 12 per cent growth in residential building construction was not enough to turn total construction into growth. Measured by volume, building permits for commercial and office buildings and public service buildings were clearly below the level of one year earlier, which had a considerable effect on total construction.
Granted building permits and building starts, mil. m3, moving annual total
Residential building construction grew from one year ago
During September to November, building permits for residential buildings were granted for a total of 3.5 million cubic metres. The figure was 12.3 per cent higher than one year previously. The cubic volume of residential blocks of flats went up by 23.2 per cent. The cubic volume of both detached houses and terraced houses decreased year-on-year.
In September to November, building permits were granted for a total of 12,224 dwellings, growing by 22.8 per cent from the corresponding period of last year.
Volume of building production grew year-on-year
In September to November, the constant-price value or the volume of ongoing building production increased by 3.8 per cent year-on-year. The volume of residential building construction increased in the period by 7.6 per cent and that of other than residential building construction by 0.4 per cent. Measured by volume, at the same time, close on one per cent fewer building projects and 8.8 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: Atte Kyrölä 029 551 3658, 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
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- Revisions in these statistics (23.1.2018)
Updated 23.1.2018
Official Statistics of Finland (OSF):
Building and dwelling production [e-publication].
ISSN=1798-9590. November 2017. Helsinki: Statistics Finland [referred: 28.12.2024].
Access method: http://www.stat.fi/til/ras/2017/11/ras_2017_11_2018-01-23_tie_001_en.html