Japan's housing starts unexpectedly declined by 4.3 percent year-on-year in May 2022, missing market forecasts of a 1.7% growth and after a 2.2 percent gain the prior month. This was the first drop in dwelling starts since February 2021, dragged down by decreases in new construction for owned (-6.9 percent vs -8.0 percent in April), issued (-55.9 percent vs 55.4 percent), built for sale (-8.5 percent vs 12.1 percent), and two-by-four (-8.9 percent vs -2.0 percent). At the same time, dwelling starts of prefabricated were sluggish (0.1 percent vs 8.4 percent). Meanwhile, new housing starts for rented accelerated (3.5 percent vs 2.4 percent). source: Ministry of Land, Infrastructure, Transport and Tourism, Japan

Housing Starts in Japan averaged 2.22 percent from 1961 until 2022, reaching an all time high of 67.63 percent in March of 1972 and a record low of -43.96 percent in September of 2007. This page provides the latest reported value for - Japan Housing Starts - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Japan Housing Starts - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.

Housing Starts in Japan is expected to be 1.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Japan Housing Starts is projected to trend around 3.00 percent in 2023 and 1.50 percent in 2024, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
width
height
 Preview
Japan Housing Starts



Calendar GMT Actual Previous Consensus TEForecast
2022-05-31 05:00 AM Apr 2.2% 6% 3% 2.8%
2022-06-30 05:00 AM May -4.3% 2.4% 1.7% 2%
2022-07-29 05:00 AM Jun -4.3%


Related Last Previous Unit Reference
Housing Starts -4.30 2.20 percent May 2022
Construction Orders 30.50 30.50 percent May 2022
Housing Index 130.65 129.45 points Mar 2022

Japan Housing Starts
In Japan, housing starts refers to the year-on-year change in volume of new housing construction started.
Actual Previous Highest Lowest Dates Unit Frequency
-4.30 2.20 67.63 -43.96 1961 - 2022 percent Monthly
NSA

News Stream
Japan Housing Starts Unexpectedly Falls
Japan's housing starts unexpectedly declined by 4.3 percent year-on-year in May 2022, missing market forecasts of a 1.7% growth and after a 2.2 percent gain the prior month. This was the first drop in dwelling starts since February 2021, dragged down by decreases in new construction for owned (-6.9 percent vs -8.0 percent in April), issued (-55.9 percent vs 55.4 percent), built for sale (-8.5 percent vs 12.1 percent), and two-by-four (-8.9 percent vs -2.0 percent). At the same time, dwelling starts of prefabricated were sluggish (0.1 percent vs 8.4 percent). Meanwhile, new housing starts for rented accelerated (3.5 percent vs 2.4 percent).
2022-06-30
Japan Housing Starts Rise the Least in 11 Months
Japan's housing starts rose by 2.2 percent year-on-year in April 2022, the least since March 2021 and following a 6.0 percent growth a month earlier. The latest reading was less than market consensus of a 3.0 percent gain. New construction starts for rented moderated sharply (2.1 percent vs 18.6 percent in March), amid further declines in dwelling starts for both owned (-8.1 percent vs -9.4 percent) and two-by-four (-2.3 percent vs 12.7 percent). In contrast, new starts grew faster for issued (55.4 percent vs 12.4 percent), built for sale (12.1 percent vs 6.0 percent), and prefabricated (8.2 percent vs 3.7 percent).
2022-05-31
Japan Housing Starts Unexpectedly Grow
Japan's housing starts unexpectedly rose by 6.0 percent year-on-year in March 2022, easily beating market consensus of a 0.5 percent fall and following a 6.3 percent gain a month earlier which was the strongest pace since last October. New construction starts expanded for rented (18.6 percent vs 4.6 percent in February), issued (12.4 percent vs -23.8 percent), built for sale (6 percent vs 23.3 percent), prefabricated (3.7 percent vs 1.8 percent), and two-by-four (12.7 percent vs -5.8 percent). At the same time, dwelling starts for owned fell the most in four months (-9.4 percent vs -5.6 percent).
2022-04-28