Japan Annualized Housing Starts

Country:
Japan
JPY, Japanese yen
Source:
Sector:
Housing
Low 0.807 M
0.797 M
Last release Importance Actual Forecast
Previous
0.807 M
Next release Actual Forecast
Previous
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Annualized Housing Starts demonstrate a change in the number of new housing projects that started during the reported month, on an annualized basis. The data is published by the Ministry of Land, Infrastructure, Transport and Tourism.

Construction data is difficult to compare on the month-over-month basis, as volumes are highly dependent on the season and other factors. For example, construction volumes in Japan increase after the rainy season and in the summer; in colder regions construction decreases significantly in late autumn. Therefore, seasonally adjusted housing indicators converted to annualized values are considered to be more convenient, as they enable efficient comparison between periods.

Before starting construction, a company should file a construction start notice. The indicator is calculated based on these notices. Companies indicate the construction area and estimated costs, which makes it possible to assess the impact on other types of production activities (for example, the production of building materials) and employment in the construction sector. Furthermore, an increase in demand for new homes may lead to an increased demand for other products needed to new home buyers, such as new furniture, appliances, etc. Generally, an increase in demand for new homes points to the growth of the population welfare.

Therefore higher readings of housing starts may have a positive impact on the Japanese yen quotes.

Last values:

actual data

The chart of the entire available history of the "Japan Annualized Housing Starts" macroeconomic indicator.

Date (GMT)
Reference
Actual
Forecast
Previous
May 2020
0.807 M
0.797 M
Apr 2020
0.797 M
0.905 M
Mar 2020
0.905 M
0.871 M
Feb 2020
0.871 M
0.813 M
Jan 2020
0.813 M
0.852 M
Dec 2019
0.852 M
0.834 M
Nov 2019
0.834 M
0.879 M
Oct 2019
0.879 M
0.897 M
Sep 2019
0.897 M
0.891 M
Aug 2019
0.891 M
0.91 M
Jul 2019
0.91 M
0.922 M
Jun 2019
0.922 M
0.9 M
May 2019
0.9 M
0.931 M
Apr 2019
0.931 M
0.989 M
Mar 2019
0.989 M
0.967 M
Feb 2019
0.967 M
0.872 M
Jan 2019
0.872 M
0.961 M
Dec 2018
0.961 M
0.957 M
Nov 2018
0.957 M
0.95 M
Oct 2018
0.95 M
0.943 M
Sep 2018
0.943 M
0.957 M
Aug 2018
0.957 M
0.985 M
Jul 2018
0.985 M
0.915 M
Jun 2018
0.915 M
0.996 M
May 2018
0.996 M
0.992 M
Apr 2018
0.992 M
0.895 M
Mar 2018
0.895 M
0.926 M
Feb 2018
0.926 M
0.856 M
Jan 2018
0.856 M
0.936 M
Dec 2017
0.936 M
0.951 M
Nov 2017
0.951 M
0.933 M
Oct 2017
0.933 M
0.952 M
Sep 2017
0.952 M
0.942 M
Aug 2017
0.942 M
0.974 M
Jul 2017
0.974 M
1.003 M
Jun 2017
1.003 M
0.998 M
May 2017
0.998 M
1.004 M
Apr 2017
1.004 M
0.984 M
Mar 2017
0.984 M
0.94 M
Feb 2017
0.94 M
1.001 M
Jan 2017
1.001 M
0.923 M
Dec 2016
0.923 M
0.937 M
Nov 2016
0.937 M
0.983 M
Oct 2016
0.983 M
0.984 M
Sep 2016
0.984 M
0.956 M
Aug 2016
0.956 M
1.005 M
Jul 2016
1.005 M
1.004 M
Jun 2016
1.004 M
1.017 M
May 2016
1.017 M
0.995 M
Apr 2016
0.995 M
0.993 M

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