Key findings: P5041.1 - Selected building statistics of the private sector as reported by local government institutions, January 2024

The value of building plans passed (at current prices) decreased by 14,7% (-R790,9 million) in January 2024 compared with January 2023. Decreases were reported for additions and alterations (-25,8% or ‑R486,0 million), non-residential buildings (-15,6% or -R112,4 million) and residential buildings (-7,0% or -R192,6 million).

The value of buildings reported as completed (at current prices) decreased by 23,7% (-R850,7 million) in January 2024 compared with January 2023. Decreases were reported for non-residential buildings (‑55,5% or -R805,8 million) and residential buildings (-7,5% or ‑R119,6 million). An increase was reported for additions and alterations (14,0% or R74,8 million).