Canada Wood Today | The Canada Wood Group

Japan Housing Construction

Shawn Lawlor

By Shawn Lawlor

Director, Canada Wood Japan

April 4, 2012

January Housing Starts Edge Slightly Lower


Japan’s housing market moved slightly lower in January. Total housing starts fell 1.1% to 65,984 units. Total wooden housing finished at 35,117 units, a 1.7% decline. Condominiums fell 2.6% to 10,167 units. As a percentage of all starts, wooden units represented 53.2%.

Total 2×4 housing starts finished at 7,438 units: off 4.5 % from year prior levels. Custom built owner occupied homes increased 1.3% to 2,104 and speculative homes were generally unchanged at 1,150 units. Rental housing fell 8.5% to 4169 units. In contrast, post and beam starts finished at 26,448 units or down 1.2% and total pre-fab units increased 3.8%.