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Housing Starts, Japan
After dropping since April due to a new consumption tax, housing starts in Japan increased in June by 11.8 per cent compared to May, to 75,727 units, according to Japan Lumber Reporter Friday. Seasonally adjusted starts were 883,000 units. June starts were down 9.5 per cent compared to the same month one year ago. Japan’s…
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Japan Housing Starts: May 2014
Japan’s Ministry of Land, Infrastructure and Transport data shows that units built for owners declined by 22.9 per cent, to 22,288 units, said Japan Lumber Reports. These drops are influenced by Japan’s consumption tax increase in April 2013, the government agency said. New construction of wood-based units in May dropped to 36,983, from 40,035 the…
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Japan Housing Starts
Total housing starts in Japan for April were 75,286 units, a 3.3 per cent drop from one year ago, and representing two months’ decline, according to Japan Lumber Reports. This is a slight improvement over March starts of 69,111, and brings seasonally-adjusted annual starts to 906,000. Housing Starts, Japan New construction of owners’ units in…
