After rising to 35 in 3Q2018, the FNB/BER Building Confidence Index fell back to 32 in 4Q2018. 

Private sector-financed building activity (see explanatory note) in the South African market for new housing showed continued diverging trends on specifically a segment level in the first eight months of 2018, which caused the planning phase of new housing to have improved whereas the construction phase has contracted over this period.

Residential building activity in the planning phase improved, with the construction phase contracting in the first four months of 2018.

The first three quarters of 2017 saw building activity in the South African market for new private sector-financed housing (see explanatory notes) contracting in both the planning and construction phases compared with the corresponding period last year, based on data released by Statistics South Africa.

Building activity in the South African market for new private sector-financed housing showed some marginal improvement on a year-on-year basis in both the planning and construction phases in the first seven months of 2017, based on data released by Statistics South Africa.

 Residential building activity remained under pressure in both the planning and construction phases of the South African market for new housing in the first quarter of 2017.

Building activity with regard to new private sector-financed housing in South Africa remained much subdued in the first eleven months of 2016 compared with the corresponding period in 2015, based on data published by Statistics South Africa.

Building activity in the South African market for new housing remained largely subdued in the first three quarters of 2016.

Building activity in the South African market for new housing showed some divergent trends in the first half of 2016.

Residential building activity in the South African market for new housing remained relatively subdued in the first four months of 2016 compared with the corresponding period a year ago.

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