Japan Housing Starts & Non Residential Construction Summary May 2020
May total housing starts continued to trail year prior results, falling 12.3% to finish at 63,683 units. Owner occupied housing declined 20.7% and rental housing fell 8.1%. Wooden housing fell 15.6% to 35,632 units. Post and beam starts fell 15.5% to 27,914 units. Wooden prefab fell 4.5% to 940 units. Platform frame starts posted a 17.5% decline to 6,778 units. By housing type, the breakdown in platform starts is as follows: custom ordered homes dropped 26.8% to 1,977 units, rentals declined 8.5% to 3,975 units and built for sale spec homes decreased 30.6% to 805 units.
May wooden non-residential starts totaled 1,287 buildings for a floor area of 249,167m2. Year over year May non-residential wooden floor area declined 10.2%. Non-residential wood use for the month is estimated roughly at 43,604m3. Wood held a market share of 37% by number of buildings and 7.4% by floor area for the month. By usage elderly, medical care and social welfare facilities topped the list, followed by mixed residential-commercial and agricultural buildings.