The value of recorded building plans passed in South Africa larger municipalities plunged by 8.3% from a year ago to ZAR 8.4 million in April of 2022, compared to a downwardly revised 15.1% rise in the prior month. Building plans declined sharply for residential buildings (-2.8% vs 11.2% in March), and non-residential buildings (-48.3% vs 36.1%), while accelerated for additions & alterations (16.9% vs 1.7%). source: Statistics South Africa
Building Permits in South Africa averaged 3794382.72 ZAR Thousand from 1981 until 2022, reaching an all time high of 11840324 ZAR Thousand in August of 2018 and a record low of 218553 ZAR Thousand in December of 1985. This page provides - South Africa Building Plans Passed- actual values, historical data, forecast, chart, statistics, economic calendar and news. South Africa Building Plans Passed - data, historical chart, forecasts and calendar of releases - was last updated on June of 2022.
Building Permits in South Africa is expected to be 9850000.00 ZAR Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Africa Building Plans Passed is projected to trend around 9150000.00 ZAR Thousand in 2023 and 9400000.00 ZAR Thousand in 2024, according to our econometric models.