The value of recorded building plans passed (at current prices) was 4,5% lower (-R691,3 million) during the first quarter of 2012 compared with the first quarter of 2011. The biggest decrease was reported for non-residential buildings
(-22,8% or -R860,5 million), followed by additions and alterations (-2,2% or
-R108,9 million), as opposed to an increase reported for residential buildings (4,2% or R278,0 million).

The value of buildings reported as completed (at current prices) increased by 1,3% (R126,0 million) during the first quarter of 2012 compared with the first quarter of 2011. Increases were reported for residential buildings (9,6% or R449,3 million) and non-residential buildings (8,9% or R189,4 million) while a decrease was reported for additions and alterations (-16,4% or -R512,7 million) during the above-mentioned period.