Living & Design Show 2014 in Osaka (October 15 – 17, 2014)
Japan Home & Building Show 2014 in Tokyo (November 12 - 14, 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 July 2014 at a level of 72,880 units, a 14.1% decrease compared to July 2013. Year on year starts of single-family and multi-family dwellings and row houses decreased 19.0% to 34,960 units, 10.9% to 29,313 units, and 1.4% to 8,607 units, respectively. Year on year 2x4 and prefabricated housing starts decreased by 10.4% to 8,908 units and 14.8% to 11,818 units, respectively. Seasonally adjusted housing starts on an annual basis decreased 5.0% to 839,412 units in July 2014, as compared to June 2014.
Total imports of building products to Japan for the six-month period from January to June 2014 increased 13.1% to 740.5 billion yen (about US$6.73 billion at 110.00 yen/US$), compared to 653.6 billion yen (about US$6.70 billion at 97.60 yen/US$) for the same period in 2013. Imports from the United States increased 7.2% to 53.5 billion yen (US$485.95 million) from January to June 2014, compared to 50.0 billion yen (US$512.05 million) in the same period in 2013.
Residential Building Products: Kazuhisa Takabatake
Updated on October 1, 2014