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

The value of building plans passed (at current prices) decreased by 7,6% (-R4 411,1 million) during the first half of 2023 compared with the first half of 2022. Residential buildings fell by 16,4% (-R5 151,7 million).

The value of buildings reported as completed (at current prices) decreased by 23,4% (-R8 159,3 million) during the first half of 2023 compared with the first half of 2022. Decreases were reported for additions and alterations (-47,5% or -R4 675,3 million), non-residential buildings (-25,0% or -R2 032,0 million) and residential buildings (-8,6% or -R1 452,1 million).