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 March 2015 at a level of 69,887 units, a 0.7% increase compared to March 2014. Year on year starts of single-family dwellings decreased 1.3% to 31,592 units, while row houses and multi-family dwellings increased 7.7% to 8,514 units and 1.0% to 29,781 units, respectively. Year on year 2x4 and prefabricated housing starts increased by 3.8% to 8,936 units and 9.4% to 11,595 units, respectively. Seasonally adjusted housing starts on an annual basis increased 1.7% to 919,968 units in March 2015, as compared to February 2015.
Total imports of building products to Japan for the two-month period from January to February 2015 increased 2.1% to 246.2 billion yen (about US $2.03 billion at 121.00 yen/US$), compared to 241.1 billion yen (about US $2.28 billion at 105.74 yen/US$) for the same period in 2014. Imports from the United States decreased 7.9% to 16.0 billion yen (US $132.06 million) from January to February 2015, compared to 17.4 billion yen (US $164.09 million) in the same period in 2014.
Updated on June 1, 2015