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Published: 22 March 2022

Cubic volume covered of granted building permits decreased in November to January from one year back

According to Statistics Finland, in November to January, building permits for newbuilding were granted for a total of 7.4 million cubic metres, 15.0 per cent less than one year earlier. Building permits for residential building construction were granted for 2.7 million cubic metres, which was 11.9 per cent less than one year previously. The cubic volume of other than residential building construction went down by 16.8 per cent.

The municipality-specific delay in building permit notifications is usual and the statistics for the latest month are always based on incomplete data at the time of production. Risen building costs and congested building supervision services in some municipalities partly impact the number of granted building permits and the delay in granting them.

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

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

Cubic volume of blocks of flats projects decreased clearly year-on-year

The cubic volume granted for residential building construction in November to January was divided between 1.6 million cubic metres for block of flats projects and 1.1 million cubic metres for detached and semi-detached house projects. Over the period, the cubic volume granted for blocks of flats went down by 20.4 per cent. The cubic volume granted for detached and semi-detached houses went up slightly from one year back, by 1.4 per cent.

Building permits were granted for a total of 9,013 dwellings in November to January. The number was 11.3 per cent lower than one year earlier. However, the brisk construction of dwellings continued, as at the same time construction of a total of 12,013 dwellings was started. Over the period, 20.9 per cent more residential building projects were started than one year ago. There were 10,282 completed dwellings in November to January, which was 3.8 per cent more than one year before.

Volume of residential building showing good growth

In November to January, the constant-price value or the volume of ongoing building production increased by 8.8 per cent year-on-year. The volume of residential building construction increased by 19.2 per cent and that of other than residential building construction by 1.1 per cent.

Volume index of newbuilding 2015=100, trend

Volume index of newbuilding 2015=100, trend

Preliminary data for February

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 measured by cubic volume grew by 1.3 per cent from January to February 2022. The moving annual total of the volume was still showing good growth, up by 9.1 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 (243.4 kB)

Tables

Tables in databases

Appendix tables

Revisions in these statistics

Updated 22.3.2022

Referencing instructions:

Official Statistics of Finland (OSF): Building and dwelling production [e-publication].
ISSN=1798-9590. January 2022. Helsinki: Statistics Finland [referred: 7.12.2022].
Access method: http://www.stat.fi/til/ras/2022/01/ras_2022_01_2022-03-22_tie_001_en.html