Key findings: P5041.1 - Selected building statistics of the private sector as reported by local government institutions, February 2012

The value of recorded building plans passed (at current prices) was 4,7% higher (R442,5 million) during January to February 2012 compared with January to February 2011. Increases were reported for residential buildings (27,3% or R965,1 million) and additions and alterations (6,8% or R209,5 million), as opposed to a decrease reported for non-residential buildings (-26,5% or
-R732,0 million).

The value of buildings reported as completed (at current prices) increased by 9,7% (R543,5 million) during January to February 2012 compared with January to February 2011. Increases were reported for non-residential buildings (39,8% or R448,1 million) and residential buildings (12,1% or R325,3 million) while a decrease was reported for additions and alterations (-12,8% or -R229,9 million) during the above-mentioned period.