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

The value of recorded building plans passed (at current prices) increased by 3,8% (R947,5 million) during January to May 2012 compared with January to May 2011. The biggest increase was reported for residential buildings (8,7% or R960,4 million), followed by additions and alterations (2,9% or R233,3 million), as opposed to a decrease reported for non-residential buildings ( 4,1% or  R246,1 million).

The value of buildings reported as completed (at current prices increased by 6,5% (R1 106,1 million) during January to May 2012 compared with January to May 2011. Increases were reported for non-residential buildings (22,8% or R966,7 million) and residential buildings (6,7% or R535,5 million), while a decrease was reported for additions and alterations ( 8,3% or  R396,1 million).