Finland Times

In the February to April period of 2015, building permits were granted for a total of 8.3 million cubic metres, which is 5.5 per cent less than that provided during the corresponding period of one year ago, according to Statistics Finland's data.  

At the same time, 10.2 per cent fewer building projects started than last year and the constant-price volume of building production still remained 12 per cent lower than one year ago.

The data are based on Statistics Finland’s estimated statistics on building and dwelling
production, in the compilation of which the data for 2015 have been corrected by statistical methods based on the data for the previous year.

Number of granted building permits was 17 per cent lower in 2014 than one year before. In 2014 building permits were granted for a total of 29.7 million cubic metres, which is 17 per cent less than in 2013.

At the same time, building permits were granted for a total of 27,500 dwellings, which is 7.0 per cent more than in the year before.

However, the cubic volume covered by permits for residential buildings fell by 3.3 per cent year-on-year, the data show.

Measured by the cubic volume covered by permits, 11.0 per cent fewer buildings were started and the volume index of new building decreased by 11.0 per cent from the year before.