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Home BUSINESSCubic volume covered by granted building permits increases in June- August
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Sat, 24 Oct, 2015 12:01:36 AM
FTimes Report, Oct 24
 
Granted building permits, mil. m3, moving annual total. Source: Building and dwelling production, Statistics Finland.
Building permits were granted for a total of 8.8 million cubic metres in June to August 2015, which is 14.4 per cent more than one year ago, according to Statistics Finland's data.
 
The share of residential buildings in the total volume was 2.6 million cubic metres.
 
The favourable development of building permits granted for residential blocks of flats continued strong as the growth amounted to 54.7 per cent.
 
Measured by volume, 17.8 per cent more building permits were granted for other than residential buildings than one year earlier.
 
In June to August, building permits were granted for a total of over 7,600 dwellings, which is 21 per cent more than one year ago.
 
Granted building permits for residential buildings, mil. m3, moving annual total. Source: Building and dwelling production, Statistics Finland.
Measured by volume, 7.4 per cent more building permits were granted for residential buildings during June to August 2015 than one year previously.
 
Large blocks of flats projects granted in Greater Helsinki still kept the production of blocks of flats on a growth path, and in June to August, building permits were granted for a total of over 5,200 dwellings in blocks of flats in the entire country.
 
The number of building permits granted for detached houses has declined for a long time, and in June to August, one-fifth fewer building permits were granted than in the corresponding period of 2014.
 
Volume index of newbuilding 2010=100, trend. Source: Building and dwelling production, Statistics Finland.
The constant-price value or the volume of ongoing building production decreased by 5.7 per cent year-on-year but still building of around 9,500 dwellings was started, which is one-third more than in the previous year.
 
Simultaneously, the total volume of residential building construction declined in June to August by 6.7 per cent and that of other construction apart from residential building by 4.7 per cent, the statistics show.
 
The data of the statistics on building and dwelling production are based on the building permit data of the Population Register Centre.
 
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