Published: 14 September 2020

Real estate maintenance costs rose by 0.6 per cent year-on-year

Real estate maintenance costs rose by 0.6 per cent in the first quarter of 2020 compared to the corresponding period of 2019. 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, costs of maintenance of outdoor areas and waste management increased most, by 2.1 per cent. Renovation costs went up by 1.5 per cent and heating costs decreased by 2.6 per cent. Administration costs went up by 1.7 per cent and electricity costs by 1.1 per cent. Water supply and sewage costs rose by 2.0 per cent, use and maintenance costs by 1.4 per cent. Cleaning costs increased by 1.4 per cent.

Examined by building type, the maintenance costs of blocks of flats went up most, by 1.0 per cent. The costs of day care centres went up by 0.7 per cent, school buildings by 0.5 per cent and health care centers and office buildings by 0.9 per cent. The maintenance costs of wholesale and retail trade buildings went up 0.8 per cent and the costs of industrial buildings decreased by 1.1 per cent year-on-year.

The total index of real estate maintenance decreased by 0.3 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

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

ndex 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: Martti Korhonen 029 551 3451, Eetu Toivanen 029 551 3331, info@stat.fi

Head of Department in charge: Hannele Orjala

Publication in pdf-format (260.6 kB)

Tables

Appendix tables

Figures

Updated 14.9.2020

Referencing instructions:

Official Statistics of Finland (OSF): Index of real estate maintenance costs [e-publication].
2nd quarter 2020. Helsinki: Statistics Finland [referred: 28.9.2020].
Access method: http://www.stat.fi/til/kyki/2020/02/kyki_2020_02_2020-09-14_tie_001_en.html