Building activity with regard to new private sector-financed housing in South Africa continued to grow at single digits in the first eight months of 2015 compared with the corresponding period in 2014, based on data published by Statistics South Africa. However, growth in activity levels in both the planning and construction phases of new housing remained largely segment driven up to August. Year-on-year (y/y) growth in the number of new housing units for which building plans were approved … [Read more...] about Continued single-digit growth in residential building activity

