Cubic volume covered by granted building permits grew by 26 per cent year-on-year in October

In October 2012, building permits were granted for a total of 3.1 million cubic metres, which is 26 per cent more than one year earlier. This is indicated by Statistics Finland’s preliminary data from statistics on building and dwelling production.

Building permits granted and building starts, mil. m3, variable annual sum

In the release the data indicated with an asterisk (*) are preliminary data.

The cubic volume covered by permits granted for residential blocks of flats grew by 6.5 per cent in October from one year back. The cubic volume covered by building permits granted for detached houses increased by 24.3 per cent and that for residential blocks of flats by 12.2 per cent. The cubic volume covered by permits for detached houses in turn declined by 1.5 per cent in October.

The cubic volume covered by permits for other than residential buildings grew by 36.8 per cent year-on-year in October.

The growth in the cubic volume of building permits granted in October is mainly explained by single major construction projects of commercial and office buildings and public service buildings.

In October 2012, building permits were granted for the construction of 2,501 dwellings, which is 14.2 per cent more than one year earlier.

The volume of newbuilding went down in October by over 11 per cent from one year back

In October 2012, the constant-price value or the volume of ongoing building production decreased by 11.4 per cent year-on-year.

The volume of residential building construction contracted by 8.9 per cent from October 2011. The volume of construction of detached houses decreased by 10.9 per cent and that of residential blocks of flats by 7.8 per cent. The volume of construction of terraced houses went up by 1.9 per cent.

In October, the volume of construction of industrial and warehouse buildings diminished most, or by 30.8 per cent from one year ago. The volume of construction of commercial and office buildings fell by 10.4 per cent and that of public service buildings by 1.1 per cent.

The volume of other than residential building construction went down by 13.9 per cent from one year ago.

Volume index for newbuilding 2005=100, trend

Source: Building and dwelling production, Statistics Finland

Inquiries: Merja Järvinen 09 1734 2458, Heli Suonio 09 1734 2481, rakennus.suhdanne@stat.fi

Director in charge: Hannele Orjala

Publication in pdf-format (288.8 kB)

Tables

Tables in databases

Building and dwelling production

Appendix tables

Appendix table 1. Building permits, 1000 m3 (21.12.2012)
Appendix table 2. Building permits monthly, 1000 m3 (21.12.2012)
Appendix table 3. Building permits for dwellings, No. (21.12.2012)
Appendix table 4. Building permits by region (21.12.2012)
Appendix table 5. Volume index of newbuilding 2005=100 (21.12.2012)

Figures

Appendix figure 1. Building permits granted for dwellings, variable annual sum (21.12.2012)
Appendix figure 2. Commercial and office buildings, variable annual sum (21.12.2012)
Appendix figure 3. Industrial buildings and warehouses, variable annual sum (21.12.2012)

Updated 21.12.2012

Referencing instructions:

Official Statistics of Finland (OSF): Building and dwelling production [e-publication].
ISSN=1798-9590. October 2012. Helsinki: Statistics Finland [referred: 9.5.2013].
Access method: http://www.stat.fi/til/ras/2012/10/ras_2012_10_2012-12-21_tie_001_en.html.

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