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 June 2014 at a level of 75,757 units, a 9.5% decrease compared to June 2013. Year on year starts of single-family and multi-family dwellings decreased 14.0% to 36,842 units and 6.8% to 29,512 units, respectively, while row houses increased 2.0% to 9,403 units. Year on year 2x4 and prefabricated housing starts decreased by 15.7% to 9,412 units and 7.8% to 12,350 units, respectively. Seasonally adjusted housing starts on an annual basis increased 1.3% to 883,212 units in June 2014, as compared to May 2014.
Total imports of building products to Japan for the five-month period from January to May 2014 increased 15.7% to 617.7 billion yen (about US$6.04 billion at 102.30 yen/US$), compared to 533.9 billion yen (about US$5.47 billion at 97.60 yen/US$) for the same period in 2013. Imports from the United States increased 11.2% to 45.3 billion yen (US$442.87 million) from January to May 2014, compared to 40.7 billion yen (US$417.45 million) in the same period in 2013.
Residential Building Products: Kazuhisa Takabatake
Updated on September 5, 2014