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Published: 22 October 2010

Cubic volume covered by granted building permits grew by 16 per cent in August

In August 2010, building permits were granted for a total of 2.7 million cubic metres, which is 16 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, moving annual total

Granted permits, moving annual total
In the release the data indicated with an asterisk (*) are preliminary data.

The cubic volume covered by permits for residential buildings went up by 30 per cent from one year back. In residential buildings the cubic volume of residential blocks of flats particularly grew by 40 per cent and the corresponding growth for detached houses amounted to 30 per cent. The cubic volume of public service buildings also grew by one quarter from the previous year's August. In turn, the cubic volume of industrial and warehouse building permits fell by around one quarter.

In August 2010, building permits were granted for 2,434 new dwellings, which is one fifth more than one year earlier. The number of building permits granted for detached houses increased by 27 per cent and that for residential blocks of flats by 20 per cent.

Over the January to August period, the number of granted building permits grew by eight per cent from the previous year. The number of permits granted for residential buildings went up by 51 per cent. The cubic volume covered by permits for public service buildings went up by 25 per cent from the respective time period of the year before.

Volume of newbuilding went up by nearly 29 per cent in August

In August 2010, the constant-price value or the volume of ongoing building production grew by 28.7 per cent year-on-year. The volume of residential buildings increased strongly, by 65.6 per cent from one year before. The strong growth was partly due to the exceptionally low volume of residential building in 2009.

In residential building the volume of terraced houses particularly continued to grow strongly. The growth in August amounted to 138 per cent from one year back. Volumes have also gone up strongly in the construction of residential blocks of flats and detached houses starting from the early months of 2010 when compared with the respective months of the previous year.

The volume of construction of transport and communications buildings was also growing briskly, up by 76 per cent from one year back.

Other than residential building has been falling since autumn 2008. In August, the fall halted and the volume went up by 5.5 per cent from one year back.

The volumes of construction of office and industrial buildings decreased by over 20 per cent from last year's August. Construction of warehouse buildings decreased by eight per cent from one year ago.

Volume index for newbuilding 2005=100, trend¹

Volume index for newbuilding 2005=100, trend¹
¹Corrected on 5 November 2010. The graphs were previously indicated in wrong colours.

Source: Building and dwelling production, Statistics Finland

Inquiries: Kaj Isaksson (09) 1734 3633, Merja Järvinen (09) 1734 2458, Heli Suonio (09) 1734 2481

Director in charge: Hannele Orjala

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Updated 22.10.2010

Referencing instructions:

Official Statistics of Finland (OSF): Building and dwelling production [e-publication].
ISSN=1798-9590. August 2010. Helsinki: Statistics Finland [referred: 28.3.2024].
Access method: http://www.stat.fi/til/ras/2010/08/ras_2010_08_2010-10-22_tie_001_en.html