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 December 2014 at a level of 76,416 units, a 14.7% decrease compared to December 2013. Year on year starts of single-family and multi-family dwellings and row houses decreased 21.3% to 35,116 units, 10.5% to 30,607 units, and 0.4% to 10,693 units, respectively. Year on year 2x4 and prefabricated housing starts decreased by 4.0% to 10,758 units and 9.4% to 13,125 units, respectively. Seasonally adjusted housing starts on an annual basis increased 1.1% to 882,516 units in December 2014, as compared to November 2014.
Total imports of building products to Japan for the eleven-month period from January to November 2014 increased 5.5% to 1,322.9 billion yen (about US$11.12 billion at 119.00 yen/US$), compared to 1,254.2 billion yen (about US$12.85 billion at 97.60 yen/US$) for the same period in 2013. Imports from the United States increased 7.1% to 93.8 billion yen (US$787.83 million) from January to November 2014, compared to 92.8 billion yen (US$950.46 million) in the same period in 2013.
Updated on March 2, 2015