IMPROVING LIVES THROUGH DATA ECOSYSTEMS

The value of building plans passed (at current prices) decreased by 13,8% (-R16 319,7 million) in 2023 compared with 2022. Decreases were reported for residential buildings (-19,1% or -R11 908,9 million), additions and alterations (-10,5% or -R3 469,5 million) and non-residential buildings (-4,2% or -R941,3 million).

The value of buildings reported as completed (at current prices) decreased by 14,8% (-R10 026,9 million) in 2023 compared with 2022. Decreases were reported for additions and alterations (-39,6% or -R6 289,8 million), non-residential buildings (-8,9% or -R1 306,9 million) and residential buildings (-6,5% or -R2 430,2 million).