biggest fall in residential sector

The value of building plans for new residences fell by 23percent in March, Stats SA said yesterday. That is the biggest fall in residential building since the 19,1percent recorded last November and comes after an 8percent increase in February. Building activity has come under pressure due to slowing housing demand and electricity shortages. - I-Net Bridge

The value of building plans for new residences fell by 23percent in March, Stats SA said yesterday. That is the biggest fall in residential building since the 19,1percent recorded last November and comes after an 8percent increase in February. Building activity has come under pressure due to slowing housing demand and electricity shortages. - I-Net Bridge

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