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Japan Housing and Non-residential Starts for June 2020

Shawn Lawlor

By Shawn Lawlor

Managing Director, Canada Wood Japan

August 17, 2020

June 2020 Japan Housing Starts

 

Recessionary pressures and the Covid 19 pandemic weighed heavily on construction activity. June total housing starts fell 12.7% year over year to finish at 71,101 units. Owner occupied housing declined 16.7% and rental housing fell 13%. The mansion condominium market fell 2.0%. Wooden housing fell 14.3% to 41,218 units. Post and beam starts fell 10.5% to 32,981 units. Wooden prefab fell 11% to 957 units. Platform frame starts dropped 27.4% to 7,280 units. By housing type, the breakdown in platform starts is as follows: custom ordered homes dropped 24.2% to 2,389 units, rentals declined 29.6% to 3,996 units and built for sale spec homes decreased 25% to 892 units.

 

June 2020 Non-Residential Construction

 

June wooden non-residential starts totaled 1,514 buildings for a floor area of 287,060m2. Year over year June non-residential wooden floor area declined 16.6%. Non-residential wood use for the month is estimated roughly at 50,236m3. Wood held a market share of 35% by number of buildings and 9.5% by floor area for the month. In the first 6 months of 2020, wooden non-residential floor area declined by 10.7%. By usage elderly, medical care and social welfare facilities topped the list, followed by mixed residential-commercial and agricultural buildings.