Financial News: Japan Housing Starts Fall 15.6%

Japan Housing Starts Fall 15.6%

07/31/2025 - 02:24:00 (RTTNews)

(RTTNews) - Japan's housing starts decreased sharply for the third straight month in June, data from the Ministry of Land, Infrastructure, Transport, and Tourism showed on Thursday.

Housing starts dropped 15.6 percent year-on-year in June, slower than the 34.4 percent decline in May. Economists had expected a decrease of 16.3 percent.

The data indicated a decrease in new construction across all categories, with the exception of issued ones. The decline was more evident in the built-for-sale category, which tumbled by 17.9 percent.

There was also a sharp decrease of 16.4 percent and 14.0 percent, respectively, in the owned and rented segments.

The seasonally adjusted annualized number of housing starts rose to 647,000 in June from 529,000 in May.

Data also showed that construction orders received by the big 50 contractors grew 22.5 percent annually in June, after a 14.0 percent rise a month ago.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Luxembourg GDP Grows 0.6% In Q2 (37 min(s), 50 sec(s) ago)
(RTTNews) - Luxembourg's economy expanded for a third straight quarter in the three months to ...Full Story»

Czech Retail Sales Growth Eases In July (05 hr(s), 19 min(s), 10 sec(s) ago)
(RTTNews) - The Czech Republic's retail sales growth moderated in July after accelerating in t ...Full Story»

Slovakia Q2 GDP Growth Eases Less Than Estimated (05 hr(s), 30 min(s), 10 sec(s) ago)
(RTTNews) - Slovakia's economic growth moderated less than initially estimated in the second q ...Full Story»

U.S. Adds 22,000 Jobs In August, Far Fewer Than Expected (06 hr(s), 06 min(s), 10 sec(s) ago)
(RTTNews) - Employment in the U.S. rose by much less than expected in the month of August, the Lab ...Full Story»

Eurozone GDP Growth Confirmed At 0.1% (06 hr(s), 09 min(s), 10 sec(s) ago)
(RTTNews) - The eurozone economy registered a marginal growth in the second quarter, as initially ...Full Story»

Ireland Jobless Rate Falls To 4.7% (06 hr(s), 53 min(s), 10 sec(s) ago)
(RTTNews) - Ireland's unemployment rate decreased slightly in August after rising in the previ ...Full Story»

U.S. Employment Rises Much Less Than Expected In August (07 hr(s), 04 min(s), 10 sec(s) ago)
(RTTNews) - Employment in the U.S. rose by much less than expected in the month of August, the Lab ...Full Story»

Romanian Q2 GDP Growth Confirmed At 0.3% (07 hr(s), 10 min(s), 10 sec(s) ago)
(RTTNews) - Romania's economic growth held steady as initially estimated in the second quarter ...Full Story»