IMPROVING LIVES THROUGH DATA ECOSYSTEMS

The value of building plans passed (at current prices) decreased by 9,2% (-R2 179,0 million) in the first quarter of 2024 compared with the first quarter of 2023. Decreases were reported for residential buildings (-11,8% or -R1 496,3 million), non-residential buildings (-7,5% or -R321,3 million) and additions and alterations (-5,4% or -R361,4 million).

The value of buildings reported as completed (at current prices) decreased by 19,1% (-R2 399,1 million) in the first quarter of 2024 compared with the first quarter of 2023. Decreases were reported for non-residential buildings (-57,2% or -R2 135,2 million) and residential buildings (-8,8% or -R592,3 million). An increase was reported for additions and alterations (15,9% or R328,4 million).