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

The value of building plans passed (at current prices) decreased by 16,3% (-R2 840,1 million) during January to February 2023 compared with January to February 2022. Decreases were reported for non-residential buildings (-25,9% or -R751,0 million) and residential buildings (-22,4% or -R2 307,8 million). An increase was reported for additions and alterations (5,2% or R218,8 million).

The value of buildings reported as completed (at current prices) decreased by 9,6% (-R756,9 million) during January to February 2023 compared with January to February 2022. Decreases were reported for additions and alterations (-34,4% or -R657,2 million) and residential buildings (-7,6% or -R322,4 million). An increase was reported for non-residential buildings (12,9% or R222,8 million).