Japan Housing Starts Grow the Most Since 2008

2025-04-30 05:25 By Farida Husna 1 min. read

Japan's housing starts rose by 39.1% year-over-year in March 2025, sharply picking up from a 2.4% rise in the previous month and easily exceeding market forecasts of a 1.0% increase.

It marked the strongest pace of expansion since September 2008, amid broad-based rises in new dwelling for all components: owned (37.4% vs -0.2% in February), rented (50.6% vs 3.2%), issued (99.6% vs -40.4%), built-for-sale (22.8% vs 5.1%), prefabricated (9.9% vs -0.9%), and two-by-four (45.9% vs 10.1%)



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