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Housing Products

TRADE EVENTS

NAHB International Builders' Show (January 20-22, 2015)

REPORT HIGHLIGHTS

(for full report, please access our Market Research Library)

Housing Starts and Imports of Building Products

The Japanese Ministry of Land, Infrastructure, Transport and Tourism (MLIT) announced Japan's total housing starts for October 2014 at a level of 79,171 units, a 12.3% decrease compared to October 2013. Year on year starts of single-family dwellings decreased 24.5% to 35,054 units, while row houses and multi-family dwellings increased 1.9% to 10,167 units and 0.4% to 33,950 units, respectively. Year on year 2x4 housing starts decreased by 14.0% to 10,040 units, while prefabricated housing starts increased by 1.1% to 13,071 units. Seasonally adjusted housing starts on an annual basis increased 2.7% to 903,876 units in October 2014, as compared to September 2014.

Total imports of building products to Japan for the nine-month period from January to September 2014 increased 7.6% to 1,090.2 billion yen (about US$9.16 billion at 119.00 yen/US$), compared to 1,013.2 billion yen (about US$10.38 billion at 97.60 yen/US$) for the same period in 2013. Imports from the United States increased 1.0% to 76.1 billion yen (US$639.41 million) from January to September 2014, compared to 75.3 billion yen (US$771.71 million) in the same period in 2013

USEFUL LINKS

Residential Building Products

CS JAPAN CONTACTS

Unit Chief: Arlene Mayeda
Residential Building Products: Kazuhisa Takabatake

Updated on January 7, 2015


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