Housing starts in Japan dropped by 8.7 percent year-on-year in May 2019, worse than market consensus of a 4.3 percent fall and after a 5.7 percent decline in the previous month. This was the biggest yearly decrease in housing starts since January 2018. New construction starts fell for: built for sale (-11.4 percent vs -6 percent in April), in particular collective housing (-22.7 percent vs -15.1 percent) and detached houses (-0.4 percent vs 3.0 percent); rented (-15.8 percent vs -16.7 percent); two-by-four (-3 percent vs -11.6 percent); issued (-68.6 percent vs 75.9 percent) and prefabricated (-1.7 percent vs 1 percent). Housing Starts in Japan averaged 2.46 percent from 1961 until 2019, 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.

Japan Housing Starts
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-29 05:00 AM Housing Starts YoY 4.2% 1.1% 0.5% 0.6%
2019-04-26 05:00 AM Housing Starts YoY 10% 4.2% 5.8% 5.9%
2019-05-31 05:00 AM Housing Starts YoY -5.7% 10% -0.8% -0.7%
2019-06-28 05:00 AM Housing Starts YoY -8.7% -5.7% -4.3% -2%
2019-07-31 05:00 AM Housing Starts YoY -8.7%
2019-08-30 05:00 AM Housing Starts YoY
2019-09-30 05:00 AM Housing Starts YoY


Japan Housing Last Previous Highest Lowest Unit
Housing Starts -8.70 -5.70 67.63 -43.96 percent [+]
Construction Orders -16.90 -19.90 104.90 -42.80 percent [+]
Housing Index 115.47 114.22 117.24 97.26 Index Points [+]
Home Ownership Rate 61.70 61.10 61.70 59.80 percent [+]


Japan Housing Starts

In Japan, housing starts refers to the year-on-year change in volume of new housing construction started. 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 - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-8.70 -5.70 67.63 -43.96 1961 - 2019 percent Monthly
NSA




Country Last Previous
Canada 245.66 Jun/19
France 29200.00 May/19
Japan -8.70 May/19
Russia 4.60 May/19
Spain 0.54 Mar/19
Turkey 4365.00 Mar/19
United Kingdom 38290.00 Mar/19
United States 1253.00 Jun/19


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