Japan Home & Building Show 2015 in Tokyo (November 18 - 20, 2015)
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Housing Starts and Imports of Building Products
The Japanese Ministry of Land, Infrastructure, Transport and Tourism (MLIT) announced Japan's total housing starts for January 2015 at a level of 67,713 units, a 13.0% decrease compared to January 2014. Year on year starts of single-family and multi-family dwellings decreased 15.6% to 30,358 units and 14.3% to 29,046 units, respectively, while row houses increased 4.5% to 8,309 units. Year on year 2x4 and prefabricated housing starts decreased by 5.4% to 8,230 units and 9.1% to 11,774 units, respectively. Seasonally adjusted housing starts on an annual basis decreased 2.1% to 864,396 units in January 2015, as compared to December 2014.
Total imports of building products to Japan for the twelve-month period from January to December 2014 increased 5.3% to 1,440.7 billion yen (about US$11.89 billion at 121.20 yen/US$), compared to 1,368.2 billion yen (about US$14.02 billion at 97.60 yen/US$) for the same period in 2013. Imports from the United States increased 0.8% to 101.1 billion yen (US$834.12 million) from January to December 2014, compared to 100.3 billion yen (US$1,027.15 million) in the same period in 2013.
Updated on April 1, 2015