Thursday, 20 February 2014 16:39

Building plans passed rise 10.2% year on year in 2013

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Real value of recorded building plans passed increases year on year by 10.2%, according to figures released by Stats SA.

 

Building Plans

The real value of recorded building plans passed (at constant 2010 prices) increased year on year by 10.2% (R6.728bn) in 2013‚ according to figures released by Stats SA on Thursday.

All three major building categories showed increases‚ with the largest percentage increase reported for non-residential buildings (23.3% or R3.701bn)‚ followed by residential buildings (9% or R2.677bn) and additions and alterations (1.7% or R349m).

The real value of buildings reported as completed (at constant 2010 prices) increased year on year by 9.8% (R4.151bn) in 2013.

Increases were reported for additions and alterations (13.5%)‚ non-residential buildings (13.1%) and residential buildings (6.3%).

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