Home > Statistics > Building and dwelling production > 2017 > December > Cubic volume covered by granted building permits decreased in the last quarter of 2017 year-on-year

Published: 27 February 2018

Cubic volume covered by granted building permits decreased in the last quarter of 2017 year-on-year

According to Statistics Finland's data, in October to December 2017, building permits were granted for a total of 8.6 million cubic metres, which is 17 per cent lower than one year ago. Residential building construction grew by 11.7 per cent in the last quarter, while other than residential building decreased by 28.1 per cent. Measured by volume, around one-half of a per cent fewer building permits were granted over the whole year 2017 than in 2016.

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

Residential building construction continued growing

In October to December, building permits for residential buildings were granted for a total of 3.3 million cubic metres. The figure was 11.7 per cent higher than one year previously. The growth was maintained by building permits granted for residential blocks of flats of which around one-half were granted for greater Helsinki.

In October to December, building permits were granted for a total of 11,235 dwellings, growing by 19.0 per cent from the corresponding period of the year before.

In 2017, the number of building permits granted for residential buildings was the highest during the history of the current statistics. Building permits were granted for a total of more than 47,000 dwellings, while, for example, in 2010 the corresponding figure was around 33,600. The average size of a dwelling has decreased in ten years from around 100 square meters to below 60 square meters.

Volume of building production grew year-on-year

In October to December, the constant-price value or the volume of ongoing building production increased by 5.2 per cent year-on-year. The volume of residential building construction increased in the period by 9.1 per cent and that of other than residential building construction by 1.9 per cent. Measured by volume, at the same time, nearly the same amount of building projects and 12.4 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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Appendix tables

• Appendix table 1. Building production, three month total and year-on-year change (27.2.2018)

Revisions in these statistics

• Revisions in these statistics (27.2.2018)

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Updated 27.2.2018