Japan's housing starts unexpectedly dropped by 1.4 percent year-on-year in November 2022, missing market forecasts of a 1.5 percent rise and following a 1.8 percent decline in the prior month. This was the second straight month of decrease in dwelling starts, amid declines in new construction for owned (-15.1 percent vs -18.7 percent in October), issued (-23.6 percent vs 81.6 percent), built for sale (-0.8 percent vs 4.8 percent), prefabricated (-2.6 percent vs 12.0 percent), and two-by-four (-3.3 percent vs -5.3 percent). Meanwhile, dwelling starts of rented continued to grow (11.4 percent vs 7.3 percent). source: Ministry of Land, Infrastructure, Transport and Tourism, Japan

Housing Starts in Japan averaged 2.19 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 January of 2023.

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.

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Japan Housing Starts



Calendar GMT Actual Previous Consensus TEForecast
2022-11-30 05:00 AM Oct -1.8% 1.1% -1.3% -3%
2022-12-27 05:00 AM Nov -1.4% -1.8% 1.5% -2%
2023-01-31 05:00 AM Dec -1.4% 0.5% -0.3%


Related Last Previous Unit Reference
Housing Starts -1.40 -1.80 percent Nov 2022
Construction Orders -9.70 7.90 percent Nov 2022
Housing Index 133.64 132.61 points Sep 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
-1.40 -1.80 67.63 -43.96 1961 - 2022 percent Monthly
NSA

News Stream
Japan Housing Starts Unexpectedly Fall
Japan's housing starts unexpectedly dropped by 1.4 percent year-on-year in November 2022, missing market forecasts of a 1.5 percent rise and following a 1.8 percent decline in the prior month. This was the second straight month of decrease in dwelling starts, amid declines in new construction for owned (-15.1 percent vs -18.7 percent in October), issued (-23.6 percent vs 81.6 percent), built for sale (-0.8 percent vs 4.8 percent), prefabricated (-2.6 percent vs 12.0 percent), and two-by-four (-3.3 percent vs -5.3 percent). Meanwhile, dwelling starts of rented continued to grow (11.4 percent vs 7.3 percent).
2022-12-27
Japan Housing Starts Rise Less than Estimeted
Japan's housing starts increased by 1.0 percent year-on-year in September 2022, missing market forecasts of 2.3 percent and slowing from a 4.6 percent rise in the prior month. New construction starts eased for both built-for-sale (10.1% vs 16.2%) and rented (8.1% vs 8.9%). By contrast, dwelling starts fell for owned (-13.3% vs -11.2%), issued (-14.4% vs 78.7%), prefabricated (-9.3% vs -2.8%), and two-by-four (-9.1% vs -7.5%).
2022-10-31
Japan Housing Starts Unexpectedly Rebound
Japan's housing starts unexpectedly increased by 4.6 percent year-on-year in August 2022, beating market forecasts of a 4.1 percent drop and following a 5.4 percent fall in the prior month. This was the first growth in dwelling starts since April, as new construction starts bounced back for both issued (78.7 percent vs -26.4 percent in July) and built for sale (16.2 percent vs -4.0 percent), while dwelling starts picked up sharply for rented (8.9 percent vs 1.5 percent). At the same time, new construction fell at softer rates for owned (-11.2 percent vs -14.1 percent), prefabricated (-2.8 percent vs -7.1 percent), and two-by-four (-7.5 percent vs -8.0 percent).
2022-09-30