A lack of progress on National Development Plan implementation is killing off SA’s construction sector and hampering economic growth, says Master Builders’ Association North.
Levels of building activity in the South African market for new housing remained subdued in 2018, which were much in line with trends since 2010 after the economy emerged from recession in 2008/09.
Private sector-financed building activity (see explanatory note) in the South African market for new housing remained subdued in the first eleven months of 2018, based on data released by Statistics South Africa.
The NHBRC warns unsuspecting housing consumers against a letter allegedly sent out by Cosmopolitan Projects about guarantees on their completed homes.
Construction of new US homes slows sharply as the summer comes to a close in September, according to Commerce Department data.
RBA Holdings anticipates increase in basic loss per share of between 22% and 25% for the year ended 31 December 2014
The North West Local Government and Human Settlements is planning to deliver 800 more houses to residents in four villages around Ventersdorp.
Growth in the planning phase of residential building activity continues, but the construction phase contracts unabatedly.