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Japan

As few house construction starts as last in 2011

Article by Birgit Fingerlos (automatically translated) | 01.07.2024 - 14:13

In May, Japan's house construction starts were 5% lower than in the same month last year. Overall, the new starts in the first five months were also below the same period last year.

In May, there were 66,000 house construction starts in Japan. In May 2023, there were 69,500 house construction starts, up 5%, according to Statistics of Japan.

In the January-May period, 325,000 house construction starts were reported in Japan. That was 4% less than in the same period last year, when there were 338,500 house construction starts. You have to look back to 2011 to find a similarly weak start to the year.

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