IMPROVING LIVES THROUGH DATA ECOSYSTEMS

The value of recorded building plans passed (at current prices) decreased by 6,7% (-R1 111,3 million) during January to February 2017 compared with January to February 2016. Non-residential buildings fell by 28,2% (-R1 549,0 million). There were large year-on-year decreases in plans passed for shopping space in KwaZulu-Natal (-R1 573,9 million) and Gauteng (-R775,6 million).

The value of buildings reported as completed (at current prices) increased by 16,2% (R1 261,3 million) during January to February 2017 compared with January to February 2016. All three major building categories recorded increases. The largest percentage increase was recorded for non-residential buildings (31,7% or R509,5 million), followed by residential buildings (14,5% or R678,7 million) and additions and alterations (4,8% or R73,0 million).