Published: 23 November 2021

Cubic volume covered of granted building permits lower in July to September than one year earlier

According to Statistics Finland, building permits were granted during July to September 2021 for a total of 7.3 million cubic metres, 12.1 per cent less than one year ago. Building permits for residential building construction were granted for a total of 2.7 million cubic metres, up by 2.5 per cent from the year before. The cubic volume of other than residential building construction went down by 19.0 per cent.

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

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

Growth in cubic volume granted for residential building slowed down in the third quarter

The cubic volume granted for residential building projects in July to September was divided between 1.5 million cubic metres for blocks of flats projects and 1.2 million cubic metres for detached and semi-detached house projects. The cubic volume granted for blocks of flats went down by 4.7 per cent in the period from one year back. With its growth of 12.4 per cent, the cubic volume granted for detached and semi-detached houses supported a slight growth in total residential building construction. For new single-family houses building permits were granted for a total of 0.8 million cubic metres and for 1,329 projects. The number of single-family house projects was 17.7 per cent higher than one year previously.

Building permits were granted in total for 8,712 dwellings in July to September. The figure was 2.0 per cent lower than one year earlier. Over the same period, construction of a total of 12,271 dwellings was started, up by 16.1 per cent from a year ago. A total of 9,285 dwellings were completed, which was 12.2 per cent fewer than one year earlier.

Volume of residential building production continued growing

In July to September, the constant-price value or the volume of ongoing building production grew by 5.4 per cent year-on-year. The volume of construction of residential buildings increased by 12.6 per cent and that of other than residential building construction correspondingly by 0.5 per cent. At the same time, building projects totalling 10.6 million cubic metres were started. Residential building starts totalled 3.8 million cubic metres, 17.2 per cent more than one year ago.

Volume index of newbuilding 2015=100, trend

Volume index of newbuilding 2015=100, trend

Preliminary data for October

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, the moving annual total of building projects started decreased from September to October by 1.0 per cent. The moving annual total of the volume was still growing by 7.9 per cent compared to 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

Head of Department in charge: Hannele Orjala

Publication in pdf-format (241.4 kB)

Tables

Tables in databases

Appendix tables

Revisions in these statistics

Updated 23.11.2021

Referencing instructions:

Official Statistics of Finland (OSF): Building and dwelling production [e-publication].
ISSN=1798-9590. September 2021. Helsinki: Statistics Finland [referred: 30.11.2021].
Access method: http://www.stat.fi/til/ras/2021/09/ras_2021_09_2021-11-23_tie_001_en.html