Total 2013 housing starts in Japan recovered to 980,025 units, up from a low in 2009 of 788,000 units, said the Japan Lumber Reports Friday. This compares to 834,117 total starts for 2011, according to the February 12, 2012 issue of the Reports. That year starts improved by 2.6 per cent over 2010.
Condominium starts were 127,000 units, a 3.6 per cent increase over the previous year.
In total for 2013, units built for owners increased by almost 14 per cent over 2012, to 354,000, the highest since 2006’s 358,000 units, said Japan Lumber Reports Friday.