NAHB International Builders Show 2014 (February 4 - 6, 2014)
(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 September 2013 at a level of 88,539 units, a 19.4% increase compared to September 2012. Year on year starts of single-family and multi-family dwellings and row houses increased 14.1% to 44,120 units, 31.9% to 36,093 units, and 2.3% to 8,326 units, respectively. Year on year 2x4 and prefabricated housing starts increased by 12.1% to 10,665 units and 13.8% to 12,545 units, respectively. Seasonally adjusted housing starts on an annual basis increased 8.8% to 1,044,396 units in September 2013, as compared to August 2013.
Total imports of building products to Japan for the eight-month period from January to August 2013 increased 26.6% to 900.5 billion yen (about US$9.17 billion at 98.20 yen/US$), compared to 711.2 billion yen (about US$8.91 at 79.82 yen/US$) for the same period in 2012. Imports from the United States increased 38.1% to 68.6 billion yen (US$698.25 million) from January to August 2013, compared to 49.7 billion yen (US$622.22 million) in the same period in 2012.
Housing Starts in Japan – October 2013 (late December 2013)
Imports of Building Products to Japan – September 2013 (late December 2013)