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Published: 19 March 2021

Real estate maintenance costs remained on level with the previous year

Real estate maintenance costs remained unchanged in the last 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, water supply and sewage costs increased most, by 1.9 per cent. Waste management costs grew by 1.7 per cent, maintenance of outdoor areas costs by 1.5 per cent, administration costs by 1.3 per cent, repair costs by 0.8 per cent, and use and maintenance costs by 0.6 per cent. Heating costs went down by 1.7 per cent, electricity costs by 1.6 per cent and insurance against loss or damage by 0.4 per cent. Cleaning costs remained unchanged.

Examined by type of building, maintenance costs of residential blocks of flats rose by 0.6 per cent and those of office buildings by 0.1 per cent. The maintenance costs of industrial buildings fell by 1.6 per cent, those of school buildings by 0.3 per cent, those of wholesale and retail trade buildings by 0.1 per cent, those of health care centres by 0.1 per cent and those of children’s day care centres by 0.1 per cent year-on-year.

The total index of real estate maintenance rose by 0.5 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: Sara-Ellen Laitinen 029 551 3454, Eetu Toivanen 029 551 3331, info@stat.fi

Head of Department in charge: Hannele Orjala

Publication in pdf-format (276.7 kB)

Tables

Appendix tables

Figures

Updated 19.03.2021

Referencing instructions:

Official Statistics of Finland (OSF): Index of real estate maintenance costs [e-publication].
4th quarter 2020. Helsinki: Statistics Finland [referred: 29.3.2024].
Access method: http://www.stat.fi/til/kyki/2020/04/kyki_2020_04_2021-03-19_tie_001_en.html