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Published: 25 October 2011

Cubic volume covered by granted building permits grew by good 18 per cent in August

In August 2011, building permits were granted for around 3.2 million cubic metres, which is 18.4 per cent more than one year ago. This is indicated by Statistics Finland’s preliminary data from statistics on building and dwelling production.

Granted permits and building starts, mil. m3, variable annual sum

Granted permits 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 for residential buildings grew by three per cent year-on-year. The cubic volume covered by permits for terraced houses and residential blocks of flats grew further in August. In contrast, the cubic volume covered by permits for detached houses fell from the year before.

The cubic volume of permits granted for other than residential building construction grew by nearly 28 per cent from August 2010.

The cubic volume of permits for industrial and warehouse buildings more than doubled compared with August 2010. The cubic volume of permits for warehouse buildings alone tripled. The strong growth in the cubic volume of permits for warehouse buildings is attributable to two large construction projects.

The cubic volume of permits granted for public service buildings fell in August by nearly 17 per cent.

In August 2011, building permits were granted for 2,760 new dwellings, which is good 13 per cent more than one year earlier. The number of permits granted for dwellings in blocks of flats grew by around 27 per cent and the corresponding figure for terraced houses was good ten per cent.

Volume of newbuilding went up by nearly 2 per cent in August

In August 2011, the constant-price value or the volume of ongoing building production grew by 1.9 per cent year-on-year. The volume of residential building construction increased by 3.8 per cent from one year before.

In residential building construction the volume of residential blocks of flats still continued to grow strongly. In August the volume of residential building construction grew by 19 per cent and that of terraced houses by good 11 per cent. The volume of construction of detached houses went down by nearly three per cent.

The volume of construction of industrial and warehouse buildings increased most, by over 31 per cent from one year earlier. The volume of industrial building construction grew by nearly 29 per cent and that of warehouse building by close on 37 per cent from August 2010.

The cubic volume of public service buildings fell by over ten per cent in August and that of commercial and office buildings by nearly six per cent. The volume of other than residential building remained on level with August 2010.

Volume index for newbuilding 2005=100, trend

Volume index for newbuilding 2005=100, trend

Source: Building and dwelling production, Statistics Finland

Inquiries: Heli Suonio (09) 1734 2481, Merja Järvinen (09) 1734 2458

Director in charge: Hannele Orjala

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Updated 25.10.2011

Referencing instructions:

Official Statistics of Finland (OSF): Building and dwelling production [e-publication].
ISSN=1798-9590. August 2011. Helsinki: Statistics Finland [referred: 28.3.2024].
Access method: http://www.stat.fi/til/ras/2011/08/ras_2011_08_2011-10-25_tie_001_en.html