Total housing starts in Japan for May were 71,720 unit, 5.8 per cent more than May last year, according to the Japan Lumber Reports Friday. On a seasonally adjusted basis Japan housing starts in May were 911,000 units, 0.2 per cent less than April.
Japan Housing Starts
Japan housing starts for the first five months of 2015 were 352,489 units, a 2.1 per cent drop from the previous year.
New units built for owners were 22,542, a 1.1 per cent increase over May 2014, said the Japan Lumber Reports, while units built for sale were up 18.1 per cent over the previous year, to 20,594 units.