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

The value of building plans passed (at current prices) decreased by 4,4% (-R3 788,8 million) during January to October 2024 compared with January to October 2023. Decreases were reported for residential buildings (-R3 688,6 million) and additions and alterations (-R1 779,6 million). An increase was reported for non-residential buildings (R1 679,4 million).

The value of buildings reported as completed (at current prices) decreased by 11,8% (-R5 609,5 million) during January to October 2024 compared with January to October 2023. Decreases were reported for residential buildings (-R3 884,7 million) and non-residential buildings (-R2 656,7 million). An increase was reported for additions and alterations (R931,9 million).