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

The value of building plans passed (at current prices) decreased by 13,8% (-R15 290,2 million) during January to November 2023 compared with January to November 2022. Decreases were reported for residential buildings (-19,1% or -R11 271,1 million), additions and alterations (-10,6% or -R3 284,5 million) and non-residential buildings (-3,6% or -R734,6 million).

The value of buildings reported as completed (at current prices) decreased by 14,7% (-R9 270,0 million) during January to November 2023 compared with January to November 2022. Decreases were reported for additions and alterations (-42,6% or -R6 501,8 million), non-residential buildings (-6,2% or ‑R850,5 million) and residential buildings (-5,6% or -R1 917,6 million).