Displaying items by tag: Residential property

1st Quarter 2021 StatsSA residential building numbers showed some positive growth in units completed, but growth in plans passed was still negative.

Published in Construction Industry

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.

Published in Construction Industry
Thursday, 07 December 2017 09:22

Builder confidence moves lower in Q4

The FNB/BER Building Confidence Index fell to 31 in 4Q2017, from 35 in 3Q2017.
Published in Construction Industry

Building activity in the South African market for new private sector-financed housing (see explanatory notes) remained under pressure in both the planning and construction phases in the first eight months of 2017, based on data released by Statistics South Africa.

Published in Construction Industry

Human Settlements Minister  Bonginkosi Madikizela launched the  R1.8 billion Belhar CBD housing project, during a sod turning ceremony.

Published in Construction Industry

The NHBRC’s Disciplinary Committee imposed a fine of R1, 6 million on a developer, PJJ Van Vuuren Beleggings (EDMS) BPK (NHBRC reg. no. 4526), for failure to enrol 160 residential units which were under construction at Erf 1943, Elarduspark in Gauteng.

Published in Construction Industry

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.

Published in Construction Industry

Devmark Property Group, which has successfully established its name as an industry leader over the past 27 years, has joined forces with the Swieg Group of Companies to establish Vanderbilt Construction, which has already completed construction to the value of R130 million.

Published in Construction Industry

The first month of 2017 saw building activity with regard to new private sector-financed housing in South Africa (see explanatory notes) contracting by a relatively large margin, based on data published by Statistics South Africa.

Published in Construction Industry

The FNB/BER Building Confidence Index rose to 40 points in 4Q2016, its best level in 12 months.

Published in Construction Industry
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