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Published: 10 December 2018

Real estate maintenance costs rose by 2.1 per cent year-on-year

Real estate maintenance costs went up by 2.1 per cent in the third 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, electricity costs increased most, by 4.0 per cent. Renovation costs grew second most, by 3.1 per cent. Heating costs went up by 2.6 per cent, costs of waste management by 1.8 per cent, costs of maintenance of outdoor areas by 1.4 per cent, use and maintenance costs by 1.0 per cent, cleaning costs by 0.9 per cent, and water supply and sewage costs by 0.4 per cent. Administration costs decreased by 0.7 per cent from one year ago.

Examined by building type, the costs of industrial buildings went up most, by 3.3 per cent. The costs of wholesale and retail trade buildings rose by 2.2 per cent, those of day care centres by 2.1 per cent, the costs of school buildings and office buildings by 2.0 per cent. The maintenance costs of health care centres went up by 1.8 per cent and those of residential blocks of flats by 1.7 per cent year-on-year.

The total index of real estate maintenance rose by 0.6 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: Eetu Toivanen 029 551 3331, Liina Arhosalo 029 551 3612, rakennus.indeksit@stat.fi

Director in charge: Mari Ylä-Jarkko

Publication in pdf-format (243.4 kB)

Tables

Appendix tables

Figures

Updated 10.12.2018

Referencing instructions:

Official Statistics of Finland (OSF): Index of real estate maintenance costs [e-publication].
3rd quarter 2018. Helsinki: Statistics Finland [referred: 28.3.2024].
Access method: http://www.stat.fi/til/kyki/2018/03/kyki_2018_03_2018-12-10_tie_001_en.html