Japan Home & Building Show 2016 in Tokyo (October 26 - 28, 2016)
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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 September 2015 at a level of 77,872 units, a 2.6% increase compared to September 2014. Year on year starts of single-family and multi-family dwellings and row houses increased 2.1% to 36,297 units, 2.2% to 31,694 units, and 6.4% to 9,881 units, respectively. Year on year 2x4 and prefabricated housing starts increased by 2.2% to 10,594 units and 9.0% to 12,013 units, respectively. Seasonally adjusted housing starts on an annual basis decreased 3.3% to 900,372 units in September 2015, as compared to August 2015.
Total imports of building products to Japan for the eight-month period from January to August 2015 decreased 0.8% to 966.5 billion yen (about US$7.84 billion at 123.30 yen/US$), compared to 974.1 billion yen (about US$9.21 billion at 105.74 yen/US$) for the same period in 2014. Imports from the United States increased 6.4% to 73.3 billion yen (US$594.74 million) from January to August 2015, compared to 68.9 billion yen (US$652.07 million) in the same period in 2014.
Updated on: November 24, 2015