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Housing and construction

Value of renovation building rose by 2.7 per cent in the first quarter of 2023

release | Trend indicator of renovation building 2023, 1st quarter

According to Statistics Finland, the value of renovation building made by building construction enterprises rose by 2.7 per cent in the first quarter of 2023 compared to one year ago. The growth in renovation building slowed down from the last quarter of 2022, when the growth amounted to 3.6 per cent compared to one year ago.

Key selections

  • The value of newbuilding fell by 2.7 per cent.
  • The trend development has been slowing down in both renovation and newbuilding over the past year.
  • Trend data on renovation building have previously been published as experimental statistics.

Figures

See key statistical data in the figures.

Trend development of renovation and newbuilding by quarter, 2021=100

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  • Target of construction
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Statistical experts

Inquiries primarily
Eetu Toivanen
Senior Statistician
029 551 3331
Head of Department in charge