Macro Economic and Construction Forecast Table June 2023

June 27, 2023

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Industry Insight macro forecasts JUNE 2023.xlsx

Real gains in house prices may offer much needed boost to residential investment
Residential property prices have steadily increased reaching an above inflationary increase of 5.2 percent y-y in January 2025, or 2.2 percent adjusted for inflation. In real terms, this is the best [...]
Construction Activity May 2025: Construction Value Grows in May 2025 Despite Sharp Drop in Project Volumes
In May 2025, South Africa’s construction sector experienced a mixed performance. While the total number of projects awarded dropped 29.2% year-on-year to just 131—the lowest since August [...]
Construction Sector Strains Under Policy Delays, Despite Investment Hopes and Rising Tender Awards
Construction Monitor May 2025: South Africa’s construction sector in May 2025 continued to reflect a dichotomy between renewed investment optimism and deep-rooted structural weaknesses. On one hand, [...]

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