Published: 23 June 2020

Cubic volume of granted building permits decreased

According to Statistics Finland, in February to April 2020, building permits were granted for a total of 8.5 million cubic metres, 17.2 per cent less than one year ago. The cubic volume granted for residential building construction went down by 11.9 per cent and the cubic volume granted for other than residential building construction by 19.3 per cent. The cubic volume for all residential building types decreased from one year ago, most the cubic volume granted for construction of commercial and office buildings, 27.3 per cent.

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 building decreased

During February to April, building permits for residential building were granted for a total of 2.6 million cubic metres, the corresponding figure was 3.0 million cubic metres one year earlier. The cubic volume granted for blocks of flats diminished by 17.5 per cent and that for detached houses by 3.3 per cent from one year ago.

In February to April, building permits were granted for a total of 8,354 dwellings, down by 15.7 per cent year-on-year. At the same time, construction of a total of 10,651 dwellings was started, up by 22.1 per cent from the corresponding period of the year before.

Volume of building production decreased slightly

In February to April, the constant-price value or the volume of ongoing building production decreased slightly, by 0.1 per cent year-on-year. The volume of construction of residential buildings declined by 5.5 per cent, while that of other than residential building construction increased by 4.6 per cent in the period. Measured by volume, 21.0 per cent more building projects than one year earlier were started in the same period. The number of residential building starts was 19.0 per cent higher than one year ago.

Volume index of newbuilding 2015=100, trend

Volume index of newbuilding 2015=100, trend

Preliminary data for May

For the time being, Statistics Finland publishes preliminary data on building projects started. This time series is available from 2018 onwards.

According to preliminary data, building project starts decreased in May on the level of the whole country.

The moving annual total of the volume of building projects started fell by 3.2 per cent in May from April. Thanks to the strong early part of the year, the moving annual total was, however, 1.1 per cent higher than in the corresponding period of the year before. 

Preliminary registered starts, mil. m3, moving annual total

Preliminary registered starts, mil. m3, moving annual total

The figures are not comparable with the estimated starts given in the publications. Preliminary data are based on registered starts and their values are not supplemented from the first publication.


Source: Building and dwelling production, Statistics Finland

Inquiries: Kalle Laukkanen 029 551 3017, Merja Järvinen 029 551 2458, Petri Kettunen 029 551 3558, rakennus.suhdanne@stat.fi

Director in charge: Mari Ylä-Jarkko

Publication in pdf-format (234.3 kB)

Tables

Tables in databases

Appendix tables

Revisions in these statistics

Updated 23.6.2020

Referencing instructions:

Official Statistics of Finland (OSF): Building and dwelling production [e-publication].
ISSN=1798-9590. April 2020. Helsinki: Statistics Finland [referred: 4.7.2020].
Access method: http://www.stat.fi/til/ras/2020/04/ras_2020_04_2020-06-23_tie_001_en.html