1st Quarter 2021 StatsSA residential building numbers showed some positive growth in units completed, but growth in plans passed was still negative.
After reaching its highest level in more than a year of 43 points in 1Q2017, the FNB/BER Building Confidence Index fell sharply to 32 in 2Q2017.
The FNB/BER Building Confidence Index improved for the third consecutive quarter, rising by 3 points to 43 in 1Q2017.
After falling to 34 in 2Q2016, the FNB/BER Building Confidence Index increased by 4 points to 38 in 3Q2016.
Hardware retailers lead a fall in building confidence‚ a quarterly poll by Stellenbosch University's Bureau for Economic Research reports.