Published: 21 June 2012
In April 2012, building permits were granted for a total of around 2.8 million cubic metres, which is 23.3 per cent less than one year ago. This is indicated by Statistics Finland’s preliminary data from statistics on building and dwelling production.
Granted permits and building starts, mil. m3, variable annual sum
The cubic volume covered by permits granted for residential buildings fell by 12 per cent in April from one year back. The cubic volume covered by permits for detached houses decreased by 15.9 per cent, that for terraced houses by 11.7 per cent and that for residential blocks of flats by seven per cent.
The cubic volume covered by permits for other than residential building construction fell by 29.7 per cent from April 2011.
The cubic volume covered by permits granted for industrial and warehouse buildings decreased most, or by 45 per cent. The cubic volume covered by permits granted for commercial and office buildings also declined greatly, by 41.8 per cent. The fall in the cubic volume in these groups in comparison to last year is partly explained by projects with high cubic volumes for which building permits were granted in April 2011.
In April 2012, building permits were granted for 2,889 dwellings, which is 16 per cent fewer than one year earlier.
In April 2012, the constant-price value or the volume of ongoing building production was down by 5.1 per cent year-on-year. The volume of residential building construction contracted by 4.2 per cent from April 2011.
The volume of residential building construction has been falling since autumn 2011. The volume of detached house construction has been contracting since spring of last year. In April, the cubic volume covered by permits for detached houses declined by 8.4 per cent and that for terraced houses by 4.9 per cent from last year's April. At the same time, the volume of residential blocks of flats increased by 1.7 per cent.
The volume of public service building construction fell most in April, by 12 per cent. The volume of construction of industrial and warehouse buildings decreased by 11.5 per cent and that of commercial and office buildings by 4.8 per cent from April 2011.
The volume of other than residential building construction went down by 5.7 per cent from one year ago.
Volume index for newbuilding 2005=100, trend
Source: Building and dwelling production, Statistics Finland
Inquiries: Heli Suonio 09 1734 2481, Merja Järvinen 09 1734 2458
Director in charge: Hannele Orjala
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