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Home BUSINESSGranted building permits on rise in Feb-April
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Sat, 25 Jun, 2016 12:07:22 AM
FTimes Report, Jun 25
 
Granted building permits and building starts, mil. m3, moving annual total. Source: Building and dwelling production, Statistics Finland.
Building permits were granted for a total of 10.1 million cubic metres in February to April 2016, which is 9.3 per cent more than one year ago, according to Statistics Finland.
 
The growth was also attributable to building permits granted for residential buildings and public service buildings.
 
Measured by volume, more building permits were granted in February to April for terraced houses and residential blocks of flats than last year, which pushed residential building construction to a growth of 12.1 per cent, the data show.
 
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 rose by 16.5 per cent year-on-year.
 
The volume of construction of residential buildings increased in the period by 20.2 per cent and that of other than residential building construction by 13.7 per cent.
 
Measured by volume, 24.1 per cent more building projects and 27.1 per cent more residential building projects were started than one year earlier.
 
 
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