Living & Design Show 2014 in Osaka (October 15 – 17, 2014)
Japan Home & Building Show 2014 in Tokyo (November 12 - 14, 2014)
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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 2014 at a level of 67,791 units, a 15.0% decrease compared to May 2013. Year on year starts of single-family and multi-family dwellings decreased 18.8% to 32,654 units and 14.8% to 27,435 units, respectively, while row houses increased 4.8% to 7,702 units. Year on year 2x4 and prefabricated housing starts decreased by 5.5% to 8,186 units and 3.9% to 10,672 units, respectively. Seasonally adjusted housing starts on an annual basis decreased 3.7% to 872,112 units in May 2014, as compared to April 2014.
Total imports of building products to Japan for the four-month period from January to April 2014 increased 19.4% to 490.7 billion yen (about US$4.83 billion at 101.50 yen/US$), compared to 411.0 billion yen (about US$4.21 billion at 97.60 yen/US$) for the same period in 2013. Imports from the United States increased 20.1% to 37.4 billion yen (US$368.07 million) from January to April 2014, compared to 31.1 billion yen (US$318.64 million) in the same period in 2013.
Residential Building Products: Kazuhisa Takabatake
Updated on July 31, 2014