Key findings: P5041.1 - Selected building statistics of the private sector as reported by local government institutions, December 2024

The value of building plans passed (at current prices) decreased by 3,3% (-R3 329,3 million) in 2024 compared with 2023. Decreases were reported for residential buildings (-R3 486,8 million) and additions and alterations (-R1 607,4 million). An increase was reported for non-residential buildings (R1 765,0 million).

The value of buildings reported as completed (at current prices) decreased by 10,8% (-R6 303,9 million) in 2024 compared with 2023. Decreases were reported for residential buildings (-R5 664,0 million) and non-residential buildings (-R1 404,7 million). An increase was reported for additions and alterations (R764,8 million).