Key findings: P5041.1 - Selected building statistics of the private sector as reported by local government institutions, January 2014

The real value of recorded building plans passed (at constant 2010 prices) decreased year-on-year by 5,0% (-R261,4 million) in January 2014. Decreases were recorded for non-residential buildings (-47,1% or -R980,6 million) and additions and alterations (-2,9% or -R37,4 million). An increase was recorded for residential buildings (39,9% or R756,6 million).

The real value of buildings reported as completed (at constant 2010 prices) increased year-on-year by 20,0% (R516,3 million) in January 2014. Increases were reported for non-residential buildings (114,8% or R435,9 million) and residential buildings (7,1% or R103,9 million). A decrease was reported for additions and alterations (-3,2% or -R23,6 million).