The value of recorded building plans passed in South Africa slumped 32.5 percent year-on-year to ZAR 7.5 million in November 2019, following a 1.1 percent rise in the previous month. It was the largest decline in building permits since July 2009, led by non-residential buildings (-74.3 percent vs 36.4 percent in October) and residential ones (-27.5 percent vs -3.2 percent). In contrast, additions & alterations went up (6.7 percent vs -12.5 percent). On a seasonally adjusted monthly basis, building plans passed tumbled 19.6 percent, after an upwardly revised 25.3 percent jump in the preceding month. Building Permits in South Africa averaged 3536565.19 ZAR Thousand from 1981 until 2019, reaching an all time high of 11646162 ZAR Thousand in July of 2017 and a record low of 218553 ZAR Thousand in December of 1985. source: Statistics South Africa

Building Permits in South Africa is expected to be 8500000.00 ZAR Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Building Permits in South Africa to stand at 9500000.00 in 12 months time. In the long-term, the South Africa Building Plans Passed is projected to trend around 9600000.00 ZAR Thousand in 2020, according to our econometric models.

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South Africa Building Plans Passed

Actual Previous Highest Lowest Dates Unit Frequency
7503857.00 10536042.00 11646162.00 218553.00 1981 - 2019 ZAR Thousand Monthly
Current Prices, NSA

South Africa Building Plans Passed
Statistics South Africa (Stats SA) conducts a monthly building statistics survey collecting information regarding building plans passed and buildings completed, financed by the private sector, from the largest local government institutions in South Africa. According to these institutions, they are not always notified about low-cost housing projects and therefore do not include the bulk of low-cost dwelling-houses. The monthly survey represents approximately 90 percent of the total value of buildings completed. The statistical unit for the collection of information is a local government institution. Local government institutions include district municipalities, metropolitan municipalities and local municipalities.

South Africa Housing Last Previous Highest Lowest Unit
Building Permits 7503857.00 10536042.00 11646162.00 218553.00 ZAR Thousand [+]