Key findings: P5041.1 - Selected building statistics of the private sector as reported by local government institutions, January 2023

The value of building plans passed (at current prices) decreased by 40,4% (-R3 611,5 million) in January 2023 compared with January 2022. Decreases were reported for non-residential buildings (-55,7% or -R788,1 million) and residential buildings (-52,6% or -R3 014,1 million). An increase was reported for additions and alterations (10,6% or R190,8 million).

The value of buildings reported as completed (at current prices) increased by 18,1% (R569,4 million) in January 2023 compared with January 2022. Non-residential buildings rose by 216,4% (R992,8 million). Decreases were reported for additions and alterations (‑27,9% or -R213,1 million) and residential buildings (-11,0% or -R210,3 million).