Financial News: Japan Housing Starts Fall 9.7%

Japan Housing Starts Fall 9.7%

08/29/2025 - 03:48:00 (RTTNews)

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

Housing starts dropped 9.7 percent year-on-year in July, slower than the 15.6 percent plunge in June. Economists had expected a decrease of 9.6 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 rented category, which tumbled by 13.1 percent.

There were also declines of 11.1 percent and 1.7 percent, respectively, in the owned and built-for-sale segments.

The seasonally adjusted annualized number of housing starts rose to 712,000 in July from 647,000 in June.

Data also showed that construction orders received by the big 50 contractors slumped 19.0 percent annually in July, reversing a 22.5 percent surge a month ago.

Separate official data from the Cabinet office showed that Japan's consumer confidence rose to a 7-month high of 34.9 in August from 33.7 in July. All four subcomponents improved, and the strongest contribution was made by the employment index, followed by the overall livelihood indicator.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Italian GDP Contracts As Estimated In Q2 (37 min(s), 11 sec(s) ago)
(RTTNews) - Italy's economy shrank for the first time in two years as initially estimated in ...Full Story»

German Import Prices Fall 1.4% In July (01 hr(s), 21 min(s), 11 sec(s) ago)
(RTTNews) - Germany's import prices declined for the fourth straight month in July due to fall ...Full Story»

Japan Housing Starts Fall 9.7% (02 hr(s), 12 min(s), 11 sec(s) ago)
(RTTNews) - Japan's housing starts decreased sharply for the fourth straight month in July, da ...Full Story»

Japan Retail Sales Add 0.3% In July (02 min(s), 49 sec(s) ago)
(RTTNews) - The value of retail sales in Japan was up a seasonally adjusted 0.3 percent on month i ...Full Story»

Japan Industrial Output Sinks 1.6% In July (57 min(s), 49 sec(s) ago)
(RTTNews) - Industrial production in Japan was down a seasonally adjusted1.6 percent on month in J ...Full Story»

Japan Jobless Rate Falls To 2.3% In July (40 min(s), 49 sec(s) ago)
(RTTNews) - The unemployment rate in Japan came in at a seasonally adjusted 2.3 percent in July, t ...Full Story»

Tokyo Overall Inflation Climbs 2.6% On Year In August (37 min(s), 49 sec(s) ago)
(RTTNews) - Overall consumer prices in the Tokyo region of Japan - considered a leading indicator ...Full Story»

South Korea July Industrial Production Rises 0.3% (23 min(s), 49 sec(s) ago)
(RTTNews) - Industrial output in South Korea added a seasonally adjusted 0.3 percent on month in J ...Full Story»