Tree Frog Forestry News

Housing starts in Japan fall for the fourth consecutive month

Trading Economics
December 3, 2019
Category: Finance & Economics
Region: International

Housing starts in Japan slumped 7.4 percent year-on-year in October 2019, the fourth straight month of decline, after a 4.9 percent fall in the previous month and compared with market estimates of a 7.6 percent drop. New construction starts fell for owned (-5.6 percent vs -3.5 percent in September), rented (-16.5 percent vs -16.8 percent), issued (-58.7 percent vs -24.7 percent), prefabricated (-7.9 percent vs -5.8 percent) and two-by-four (-12.7 percent vs -6.9 percent). 

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