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 February 2015 at a level of 67,552 units, a 3.1% decrease compared to February 2014. Year on year starts of single-family and multi-family dwellings decreased 6.0% to 30,846 units and 1.9% to 29,012 units, respectively, while row houses increased 5.4% to 7,694 units. Year on year 2x4 housing starts increased by 2.4% to 8,132 units, while prefabricated housing starts decreased by 1.5% to 10,672 units. Seasonally adjusted housing starts on an annual basis increased 4.7% to 904,860 units in February 2015, as compared to January 2015.
Total imports of building products to Japan in January 2015 decreased 3.8% to 133.9 billion yen (about US$1.13 billion at 119.00 yen/US$), compared to 139.2 billion yen (about US$1.32 billion at 105.74 yen/US$) in January 2014. Imports from the United States increased 0.4% to 10.1 billion yen (US$85.16 million) in January 2015, compared to 10.1 billion yen (US$95.41 million) in January 2014.
Updated on April 27, 2015