Japan Home & Building Show 2015 in Tokyo (November 18 - 20, 2015)
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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 May 2015 at a level of 71,720 units, a 5.8% increase compared to May 2014. Year on year starts of single-family dwellings decreased 1.1% to 32,292 units, while row houses and multi-family dwellings increased 7.2% to 8,260 units and 13.6% to 31,168 units, respectively. Year on year 2x4 and prefabricated housing starts increased by 1.2% to 8,281 units and 7.7% to 11,490 units, respectively. Seasonally adjusted housing starts on an annual basis decreased 0.2% to 911,184 units in May 2015, as compared to April 2015.
Total imports of building products to Japan for the four-month period from January to April 2015 decreased 2.2% to 479.9 billion yen (about US$3.89 billion at 123.50 yen/US$), compared to 490.6 billion yen (about US$4.64 billion at 105.74 yen/US$) for the same period in 2014. Imports from the United States decreased 4.0% to 35.7 billion yen (US$289.11 million) from January to April 2015, compared to 37.2 billion yen (US$351.67 million) in the same period in 2014.
Updated on August 3, 2015