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

The value of building plans passed (at current prices) decreased by 12,2% (-R12 008,0 million) during January to October 2023 compared with January to October 2022. Decreases were reported for residential buildings (-18,4% or -R9 681,9 million) and additions and alterations (-10,2% or -R2 870,8 million). An increase was reported for non-residential buildings (3,1% or R544,8 million).

The value of buildings reported as completed (at current prices) decreased by 16,4% (-R9 285,2 million) during January to October 2023 compared with January to October 2022. Decreases were reported for additions and alterations (-45,6% or -R6 469,5 million), non-residential buildings (-12,1% or -R1 539,8 million) and residential buildings (-4,3% or -R1 275,8 million).