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Housing Starts

Housing starts measures the construction of new homes. When more new homes are being built, the construction sector is active, and consumers have the capital to afford taking on such investments. When new homes are finished, they have other effects on the economy as those homes have to be filled with furniture and appliances, boosting other sectors of the economy.

Main Indicator: Housing Starts y/y

Most Recent Release

February
26th, 2010

Actual

Forecast

Revised Form

-8.1%

-11.6%

-15.7%

N/A

For January
Provided by: Ministry of Land, Infrastructure, Transport and Tourism

Annualized Starts: 0.863M, pr. 0.819M (Dec), 0.792 (Nov),
0.762M (Oct), 0.699M (Sep), 0.746M (Aug)
Construction Orders y/y: 15.7%, pr. -0.6% (Dec), -38.2% (Nov),
-40.1% (Oct), -14.0% (Sep)

Table of Past Data

	5/29	6/30	7/31	8/31	9/30	10/30	11/30	12/25	1/29	2/26

Actual	-32.4%	-30.8%	-32.4%	-32.1%	-38.3%	-37.0%	-27.1%		-15.7%	-8.1%
Forecast	-21.8%	-27.5%	-31.0%	-30.3%	-31.6%	-37.1%	-33.3%	-23.0%	-18.8%	-11.6%
Previous	-20.7%	-32.4%	-30.8%	-32.4%	-32.1%	-38.3%	-37.0%	-27.1%	-19.1%	-15.7%
Revised From	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Past Releases

January
29th, 2010

Actual

Forecast

Revised Form

-15.7%

-18.8%

-19.1%

N/A

December
25th, 2009

Actual

Forecast

Revised Form

-23.0%

-27.1%

N/A

For November
Provided by: Ministry of Land, Infrastructure, Transport and Tourism

Annualized Starts: pr. 0.762M (Oct), 0.699M (Sep), 0.746M (Aug)
Construction Orders y/y: pr. -40.1% (Oct), -14.0% (Sep)

November
30th, 2009

Actual

Forecast

Revised Form

-27.1%

-33.3%

-37.0%

N/A

For October
Provided by: Ministry of Land, Infrastructure, Transport and Tourism
Release (Jul): Excel Data (.xls)

Annualized Starts: 0.762M, pr. 0.699M (Sep), 0.746M (Aug)
Construction Orders y/y: -40.1%, pr. -14.0% (Sep), -42.8% (Aug)

October
30th, 2009

Actual

Forecast

Revised Form

-37.0%

-37.1%

-38.3%

N/A

For September
Provided by: Ministry of Land, Infrastructure, Transport and Tourism
Previous Release: Excel Data (.xls)

Annualized Starts: 0.699M, pr. 0.676M (Aug), 0.746M (Jul)
Construction Orders y/y: -14.0%, pr. -25.2% (Aug), -42.8% (Jul)

September
30th, 2009

Actual

Forecast

Revised Form

-38.3%

-31.6%

-32.1%

N/A

For August
Provided by: Ministry of Land, Infrastructure, Transport and Tourism
Previous Release: Excel Data (.xls)

Annualized Starts: 0.676M, pr. 0.746M
Construction Orders y/y: -25.2%, pr. -42.8%

August
31st, 2009

Actual

Forecast

Revised Form

-32.1%

-30.3%

-32.4%

N/A

For July
Provided by: Ministry of Land, Infrastructure, Transport and Tourism
Previous Release: Excel Data (.xls)

Annualized Starts: 0.746M, pr. 0.779M (Apr), 0.888M (Mar),
0.866M (Feb), 0.957M (Jan), 1.00M (Dec), 0.954M (Nov),
1.027M (Oct), 1.126M (Sep), 1.130M (Aug), 1.144M (Jul)

Construction Orders y/y: -42.8%, pr. -41.9% (May), -25.9% (Apr),
-37.8% (Mar), -24.9% (Feb), -38.3% (Jan), -27.3% (Dec),
-12.5% (Nov), 47.2% (Oct), 10.3% (Sep), -0.3% (Aug), 42.3% (Jul)

July
31st, 2009

Actual

Forecast

Revised Form

-32.4%

-31.0%

-30.8%

N/A

For June
Provided by: Ministry of Land, Infrastructure, Transport and Tourism
Previous Release: Excel Data (.xls)

Annualized Starts: pr. 0.779M (Apr), 0.888M (Mar), 0.866M (Feb),
0.957M (Jan), 1.00M (Dec), 0.954M (Nov), 1.027M (Oct),
1.126M (Sep), 1.130M (Aug), 1.144M (Jul), 1.130M (Jun)

Construction Orders y/y: -41.9%, pr. -25.9% (Apr), -37.8% (Mar),
-24.9% (Feb), -38.3% (Jan), -27.3% (Dec), -12.5% (Nov),
47.2% (Oct), 10.3% (Sep), -0.3% (Aug), 42.3% (Jul), -11.7% (Jun)

June
30th, 2009

Actual

Forecast

Revised Form

-30.8%

-27.5%

-32.4%

N/A

For May
Provided by: Ministry of Land, Infrastructure, Transport and Tourism
Previous Release: Excel Data (.xls)

Annualized Starts: pr. 0.779M (Apr), 0.888M (Mar), 0.866M (Feb),
0.957M (Jan), 1.00M (Dec), 0.954M (Nov), 1.027M (Oct),
1.126M (Sep), 1.130M (Aug), 1.144M (Jul), 1.130M (Jun)

Construction Orders y/y: -41.9%, pr. -25.9% (Apr), -37.8% (Mar),
-24.9% (Feb), -38.3% (Jan), -27.3% (Dec), -12.5% (Nov),
47.2% (Oct), 10.3% (Sep), -0.3% (Aug), 42.3% (Jul), -11.7% (Jun)

Japan's housting starts data showed very weak results with starts down 30.8% on the year, and cunstruction orders falling 41.9%, the sharpest decline on record.

May
29th, 2009

Actual

Forecast

Revised Form

-32.4%

-21.8%

-20.7%

N/A

For April
Provided by: Ministry of Land, Infrastructure, Transport and Tourism
Previous Release: Excel Data (.xls)

Annualized Starts: 0.779M, pr. 0.888M (Mar), 0.866M (Feb), 0.957M (Jan),
1.00M (Dec), 0.954M (Nov), 1.027M (Oct), 1.126M (Sep), 1.130M (Aug),
1.144M (Jul), 1.130M (Jun), 1.072 (May)

Construction Orders y/y: -25.9%, pr. -37.8% (Mar), -24.9% (Feb),
-38.3% (Jan), -27.3% (Dec), -12.5% (Nov), 47.2% (Oct), 10.3% (Sep),
-0.3% (Aug), 42.3% (Jul), -11.7% (Jun), -25.2% (May)