In October 2009, expected housing starts are turning up in the building constructionQuaterly business survey in the real-estate development - October 2009

In October 2009, expected housing starts are turning up in the building construction

In October 2009, expected housing starts are turning up in the building construction

Tableau 5 – Building construction economic outlook

Balances of opinion, in %, SA
Building construction economic outlook
Mean* Jan. 09 Apr. 09 Jul. 09 Oct. 09
New dwelling demand
- dwellings to buy -32 -84 -45 -37 -28
- dwellings to rent 22 13 6 9 -2
Expected housing starts -13 -70 -46 -13 -6
Expected housing starts for rental housing only 2 -2 20 6 16
Unsold dwelling stock -28 -12 -47 -53 -49
Housing average price for sale 9 -54 -51 -25 -24
Downpayment -20 -59 -38 -33 -20
Financing capacity -19 -62 -18 -29 -20
  • * Mean since july 1991.

Demand – New dwelling demand tendency