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Published: 19 September 2018

Real estate maintenance costs rose by 1.6 per cent year-on-year

Real estate maintenance costs rose by 1.6 per cent in the second quarter of 2018 compared to the corresponding period of 2017. These data derive from Statistics Finland’s index of real estate maintenance costs 2015=100.

Index of real estate maintenance costs 2015=100 annual changes by quarter, %

Index of real estate maintenance costs 2015=100 annual changes by quarter, %

Of the cost items of the index of real estate maintenance, renovation costs increased most, by 2.7 per cent. Heating costs increased second most, by 1.8 per cent. The costs of waste management went up by 1.6 per cent, cleaning costs by 1.5 per cent, electricity costs by 1.4 per cent, costs of maintenance of outdoor areas by 1.2 per cent, administration costs by 1.1 per cent and use and maintenance costs by 0.9 per cent. Water supply and sewage costs decreased by 0.3 per cent year-on-year.

Examined by building type, the costs of industrial buildings went up most, by 2.3 per cent. The costs of day care centres increased by 1.8 per cent, the costs of school buildings by 1.7 per cent, the costs of health care centres and wholesale and retail trade buildings by 1.6 per cent. The costs of residential blocks of flats and office buildings rose by 1.4 per cent year-on-year for both types.

The total index of real estate maintenance rose by 0.4 per cent from the previous quarter.

Real estate tax and plot rent are not included in the index of real estate maintenance costs 2015=100. A special index expanded with these cost items and indices with old base years are available in the Built environment -service .

Index of real estate maintenance costs 2015=100, Cost items: heating, water supply and sewage, electricity

Index of real estate maintenance costs 2015=100, Cost items: heating, water supply and sewage, electricity

Index of real estate maintenance costs 2015=100, Cost items: repairs, use and maintenance, maintenance of outdoor areas

Index of real estate maintenance costs 2015=100, Cost items: repairs, use and maintenance, maintenance of outdoor areas

Index of real estate maintenance costs 2015=100, Cost items: administration, cleaning, waste management

Index of real estate maintenance costs 2015=100, Cost items: administration, cleaning, waste management

Source: Index of real estate maintenance costs 2015=100, Statistics Finland

Inquiries: Liina Arhosalo 029 551 3612, Eetu Toivanen 029 551 3331, rakennus.indeksit@stat.fi

Director in charge: Mari Ylä-Jarkko

Publication in pdf-format (243.4 kB)

Tables

Appendix tables

Figures

Updated 19.9.2018

Referencing instructions:

Official Statistics of Finland (OSF): Index of real estate maintenance costs [e-publication].
2nd quarter 2018. Helsinki: Statistics Finland [referred: 28.3.2024].
Access method: http://www.stat.fi/til/kyki/2018/02/kyki_2018_02_2018-09-19_tie_001_en.html