YoY Change in Japan's Housing Starts
Japan| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
The year-on-year change in newly started housing construction units in Japan indicates the percentage increase or decrease in the number of newly initiated housing units for a specific month compared to the same month of the previous year. This data is released monthly by the Ministry of Land, Infrastructure, Transport and Tourism and is crucial for evaluating trends in the housing market.
Year-on-year data helps in understanding fluctuations in demand and supply in the housing market. An increase in construction units started suggests rising housing demand and a buoyant construction industry. Conversely, a decrease in construction units started indicates declining housing demand and potential stagnation in the construction sector.
This data serves as important reference material for policymakers when adjusting housing policies and economic strategies. For example, if the number of newly started housing units shows significant growth, the government may implement measures to cool down the housing market. Conversely, if the number of housing starts is declining, there may be a need to introduce stimulus measures to revitalize the housing market. Additionally, this information is crucial for businesses and investors in forecasting trends in the housing market and economic outlooks.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
