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 November 2014 at a level of 78,364 units, a 14.3% decrease compared to November 2013. Year on year starts of single-family and multi-family dwellings and row houses decreased 24.6% to 35,908 units, 1.2% to 32,489 units, and 9.3% to 9,967 units, respectively. Year on year 2x4 and prefabricated housing starts decreased by 11.8% to 10,499 units and 12.1% to 12,601 units, respectively. Seasonally adjusted housing starts on an annual basis decreased 1.8% to 887,856 units in November 2014, as compared to October 2014.
Total imports of building products to Japan for the ten-month period from January to October 2014 increased 6.9% to 1,211.3 billion yen (about US$10.18 billion at 119.00 yen/US$), compared to 1,132.9 billion yen (about US$11.61 billion at 97.60 yen/US$) for the same period in 2013. Imports from the United States increased 2.2% to 85.8 billion yen (US$720.64 million) from January to October 2014, compared to 83.9 billion yen (US$859.86 million) in the same period in 2013.
Updated on February 3, 2015