Japan Home & Building Show 2016 in Tokyo (October 26 - 28, 2016)
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 2015 at a level of 77,153 units, a 2.5% decrease compared to October 2014. Year on year starts of single-family dwellings increased 1.4% to 35,553 units, while row houses and multi-family dwellings decreased 6.6% to 9,500 units and 5.4% to 32,100 units, respectively. Year on year 2x4 housing starts increased by 6.2% to 10,666 units, while prefabricated housing starts decreased by 10.1% to 11,750 units. Seasonally adjusted housing starts on an annual basis decreased 4.3% to 862,092 units in October 2015, as compared to September 2015.
Total imports of building products to Japan for the nine-month period from January to September 2015 decreased 0.5% to 1,084.9 billion yen (about US$8.86 billion at 122.50 yen/US$), compared to 1,090.0 billion yen (about US$10.31 billion at 105.74 yen/US$) for the same period in 2014. Imports from the United States increased 6.1% to 80.5 billion yen (US$657.31 million) from January to September 2015, compared to 75.9 billion yen (US$717.43 million) in the same period in 2014
Updated on: January 7, 2016