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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 September 2014 at a level of 75,882 units, a 14.3% decrease compared to September 2013. Year on year starts of single-family and multi-family dwellings decreased 19.4% to 35,567 units and 14.0% to 31,024 units, respectively, while row houses increased 11.6% to 9,291 units. Year on year 2x4 and prefabricated housing starts decreased by 2.8% to 10,369 units and 12.2% to 11,017 units, respectively. Seasonally adjusted housing starts on an annual basis increased 4.1% to 879,744 units in September 2014, as compared to August 2014.

Total imports of building products to Japan for the eight-month period from January to August 2014 increased 8.2% to 974.2 billion yen (about US$8.26 billion at 118.00 yen/US$), compared to 900.3 billion yen (about US$9.22 billion at 97.60 yen/US$) for the same period in 2013. Imports from the United States increased 1.3% to 69.2 billion yen (US$586.21 million) from January to August 2014, compared to 68.3 billion yen (US$699.83 million) in the same period in 2013.

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Residential Building Products

CS JAPAN CONTACTS

Unit Chief: Arlene Mayeda
Residential Building Products: Kazuhisa Takabatake

Updated on December 1, 2014