Key findings: P5041.1 - Selected building statistics of the private sector as reported by local government institutions, August 2014

The real value of recorded building plans passed (at constant 2010 prices) increased by 1,9% (R918,4 million) year-on-year during January to August 2014. Residential buildings (8,5% or R1 860,9 million) was the only positive contributor to the increase.

The real value of buildings reported as completed (at constant 2010 prices) decreased by 13,9% (-R4 330,0 million) year-on-year during January to August 2014. Decreases were reported for additions and alterations (-31,2% or -R2 423,6 million), non-residential buildings (-13,7% or -R1 185,0 million) and residential buildings (-4,9% or -R721,5 million).