The value of building plans approved in South Africa's larger municipalities surged by 19.4% year-on-year to ZAR 9.4 billion in September 2024, the highest level since May 2023. This sharp increase follows a 1.5% decline in the previous month. Permits for non-residential buildings soared by 101.3%, compared to a 6.9% slump in August, while permits for additions and alterations rose by 9.4%, reversing the previous month's 3.6% drop. Residential building permits rose 5.9%, a significant improvement from the 2.7% increase in August. source: Statistics South Africa
Building Permits in South Africa increased to 9414088 ZAR Thousand in September from 8480733 ZAR Thousand in August of 2024. Building Permits in South Africa averaged 4075563.99 ZAR Thousand from 1981 until 2024, reaching an all time high of 12114101.00 ZAR Thousand in June of 2023 and a record low of 218553.00 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 November of 2024.
Building Permits in South Africa increased to 9414088 ZAR Thousand in September from 8480733 ZAR Thousand in August of 2024. Building Permits in South Africa is expected to be 10100000.00 ZAR Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations.