The value of recorded building plans passed by larger municipalities (at current prices) during the first quarter of 2010 decreased by 1,5% (-R204,9 million) compared with the first quarter of 2009. The largest decrease was reported for non-residential buildings (-20,2% or -R824,2 million), followed by residential buildings (-7,1% or -R421,4 million). However, these decreases were to a large extent counteracted by an increase reported for additions and alterations (26,4% or R1 040,7 million).
The value of buildings reported as completed to larger municipalities (at current prices) during the first quarter of 2010 decreased by 32,2% (-R4 348,6 million) compared with the first quarter of 2009. The biggest percentage decrease was reported for additions and alterations (-37,5% or -R1 397,8 million), followed by residential buildings (-37,2% or -R2 552,3 million) and non-residential buildings (-13,5% or -R398,4 million).
Publisher: eProp
Source: SSA
