Key findings: P5041.1 - Selected building statistics of the private sector as reported by local government institutions, February 2008

According to this monthly survey, the preliminary estimates indicate that the value of recorded building plans passed by larger municipalities (at current prices) during January to February 2008 increased by 11,3% (R1 319,1 million) compared with January to February 2007. Increases in the value of recorded building plans passed were reported for additions and alterations (27,3%), non-residential buildings (14,4%), and residential buildings (2,7%).

The preliminary estimates indicate that the value of buildings reported as completed to larger municipalities (at current prices) during the above-mentioned period decreased by 1,4% (R87,5 million). Decreases in the value of buildings completed were reported for residential buildings (-8,0%) and non-residential buildings (-6,2%). Additions and alterations showed an increase of 25,3%.