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Japan Housing Starts
Last Release
Aug 31, 2024
Actual
66,819
Units In
%
Previous
68,014
Frequency
Monthly
Next Release
N/A
Time to Release
N/A
Highest | Lowest | Average | Date Range | Source |
76,583 Apr 2024 | -43.96 Sep 2007 | 1,227.17 % | 1961-2024 | N/A |
In Japan, housing starts refers to the year-on-year change in volume of new housing construction started.
Latest Updates
Japan's housing starts declined by 6.7 percent year-on-year in July 2023, worse than market forecasts of a 0.8 percent drop and after a 4.8% fall a month earlier. The latest result marked the fifth time of decrease in new construction starts since the start of the year, amid weakness in dwellings for owned (-7.8% vs -12.4% in June), built for sale (-17.5% vs -2.9%), and pre-fabricated (-4.0% vs -12.3%). By contrast, fresh constructions grew for rented (1.6% vs -0.6%), issued (6.1% vs 13.6%), and two-by-four (1.8% vs -6.8%).
Japan Housing Starts History
Last 12 readings