Furthermore, the seasonally adjusted real value of building plans passed increased by 0.5% between June 2004 and July 2004.
The increase of 4.3% between the three months ended July 2004 and the previous three months was due to an increase in the seasonally adjusted real value of residential buildings (+12.0%). However, this increase was counteracted by decreases reported for non-residential buildings (-18.4%) and additions and alterations (-0.1%) during the above-mentioned period.
The increase of 0.5% between June 2004 and July 2004 was due to an increase in the seasonally adjusted real value of non-residential buildings (+15.5%).
However, this increase was to a large extent counteracted by decreases reported for additions and alterations (-3.3%) and residential buildings (-0.4%).
The total real value of building plans passed (at constant 2000 prices) during the first seven months of 2004 increased by 25.2% (+R3,296.6 million) to R16,365.7 million compared with the first seven months of 2003.
The largest increase in the value of building plans passed was reported for residential buildings (+R2,595.1 million), mainly due to large increases reported for dwelling houses (+R1,614.8 million) and flats and townhouses (+R906.4 million).
The largest increase for dwelling-houses was reported by Western Cape (+R705.1 million) and Gauteng (+R592.6 million), whereas Western Cape reported the largest increase for flats and townhouses (+R514.3 million).
Eight of the nine provinces reported increases in the total real value of building plans passed. The largest provincial contributors to the increase of 25.2% (+R3,296.6 million) in the total real value of building plans passed were Western Cape (+14.1 percentage points or R1,844.1 million) and Gauteng (+6.4 percentage points or R833.0 million).
The largest increase in Western Cape was reported for residential buildings (+R1,317.3 million), followed by additions and alterations (+R280.6 million) and non-residential buildings (+R246.2 million). Large increases for dwelling houses were reported by Mossel Bay Municipality (+R214.3 million), City of Cape Town (+R124.5 million), Knysna Municipality (+R80.5 million) and Overstrand Municipality (+R71.7 million).
Regarding flats and townhouses in Western Cape, large increases were reported by the selected urban areas of Cape Town (+R154.6 million), Helderberg Municipality (+R116.0 million), Oostenberg Administration - Brackenfell Area (+R90.7 million), Knysna Municipality (+R72.9 million) and Saldanha Bay Municipality (+R49.7 million).
In Gauteng, the largest increase for dwelling-houses was reported by City of Johannesburg (+R220.0 million), followed by Ekurhuleni Metropolitan Municipality (+R171.5 million), Kungwini Municipality (+R62.5 million) and Mogale City Municipality (+R54.9 million).
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Publisher: Business Day
Source: Business Day