Japan Housing Starts

Housing starts in Japan rose 8.9 percent year-on-year to 85,208 units in July of 2016, following a 2.5 percent drop in June and beating market expectations of a 7.4 percent rise. Dwelling rose for all categories: individual housing (+6.0 percent from +1.1 percent in a month earlier), rental units (+11.1 percent from +3.7 percent), built for sale (+9.1 percent from -15.2 percent), collective housing (+5.9 percent from -28.1 percent), detached houses (+12.1 percent from +1.1 percent), prefabricated (+6.5 percent from +2.4 percent) and two-by-four (11.3 percent from -1.8 percent). In July 2015, housing starts grew by 7.4 percent. Housing Starts in Japan averaged 2.54 percent from 1961 until 2015, reaching an all time high of 67.63 percent in March of 1972 and a record low of -43.96 percent in September of 2007. Housing Starts in Japan is reported by the Mlit, Japan. In Japan, housing starts refers to the year-on-year change in volume of new housing construction started. This page provides the latest reported value for – Japan Housing Starts – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.