In November 2025, housing starts in Japan declined by 8.5% year-on-year, significantly worse than market expectations of just 0.4%. This decline also reversed the 3.2% increase recorded the previous month. This marked the seventh consecutive decline this year, with declines spread across various housing categories, including owned homes, rental units, built-for-sale homes, and prefabricated housing.
The sharpest decline was seen in built-for-sale homes, which fell by 11.3%, while owned homes also experienced a significant decline of 9.5%. While various factors were at play, this decline indicates a broad-based weakening of the housing market in Japan and could be a worrying sign for the country's property sector. (az)
Source: Newsmaker.id
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