Published: 24 September 2019

Cubic volume of granted building permits decreased further year-on-year

According to Statistics Finland, in May to July 2019, building permits were granted for a total of 11.9 million cubic metres, which is 5.8 per cent lower than in the corresponding period one year ago. The cubic volume of residential building construction declined by 22.9 per cent, but the cubic volume of other types of buildings grew.

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

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

Cubic volume granted for residential buildings decreased further year-on-year

During May to July, cubic metres covered by permits for residential buildings amounted to 3.1 million, while one year earlier, the figure was 4.0 million cubic metres. In residential building construction, the cubic volume for all residential building types decreased year-on-year. The cubic volume covered by permits for residential blocks of flats decreased by 24.0 per cent, that for terraced houses by 24.8 per cent and that for detached houses by 20.7 per cent.

In May to July of 2019, building permits were granted in total for 9,965 dwellings, one year earlier the corresponding figure was 13,379 dwellings. The number of building permits granted for residential buildings fell by 25.5 per cent from the previous year.

Volume of building production decreased

The volume, or the constant-price value of ongoing building production, decreased by 1.4 per cent in May to July 2019 from the year before. The volume of construction of residential buildings declined in the period by 6.5 per cent and that of other than residential building construction, in turn, increased by 2.9 per cent. Measured by volume, 1.4 per cent fewer building projects than one year earlier were started in the same period. The number of residential building starts was 1.8 per cent higher than one year ago.

Volume index of newbuilding 2010=100, trend

Volume index of newbuilding 2010=100, trend

Source: Building and dwelling production, Statistics Finland

Inquiries: Paavo Kokkonen 029 551 3028, Merja Järvinen 029 551 2458, Petri Kettunen 029 551 3558, rakennus.suhdanne@stat.fi

Director in charge: Mari Ylä-Jarkko

Publication in pdf-format (220.2 kB)

Tables

Tables in databases

Appendix tables

Revisions in these statistics

Updated 24.9.2019

Referencing instructions:

Official Statistics of Finland (OSF): Building and dwelling production [e-publication].
ISSN=1798-9590. July 2019. Helsinki: Statistics Finland [referred: 16.10.2019].
Access method: http://www.stat.fi/til/ras/2019/07/ras_2019_07_2019-09-24_tie_001_en.html