Housing Starts (YoY)

The Housing Starts released by the Ministry of Land, Infrastructure and Transport captures how many new single-family homes or buildings were constructed. It shows the strength of the Japanese housing market, which can be considered as the economy as a whole due to Housing Starts'' sensitivity to changes in the business cycle. Generally speaking, a high reading is seen as positive, or bullish for the JPY, while a low reading is seen as negative, or bearish.

Next event - Friday 29 November 2024 05:00

Previous
-0.6%
Forecast
-2%
Actual
-

The typical/expected market impact of this event is low.

The consensus forecast for Housing Starts (YoY) is -2%. A higher value than forecast tends to be bullish for JPY/xxx pairs and bearish for xxx/JPY pairs.

Most recent - Thursday 31 October 2024 05:00

Previous
-5.1%
Revised
-
Forecast
-4.1%
Actual
-0.6%

Higher numbers than forecast tend to be bullish for JPY/xxx pairs and bearish for xxx/JPY pairs.

Trading range

Forecast history

The most recent announced value for Housing Starts (YoY) was -0.6% against a forecast of -4.1%.

Past events

Date
Forecast
Actual
Thursday 31 October 2024 05:00
-4.1%
-0.6%
Monday 30 September 2024 05:00
-
-5.1%
Friday 30 August 2024 05:00
-1%
-0.2%
Wednesday 31 July 2024 05:00
-2%
-6.7%
Friday 28 June 2024 05:00
-
-5.3%
Friday 31 May 2024 05:00
-0.2%
13.9%
Tuesday 30 April 2024 05:00
-7.6%
-12.8%
Friday 29 March 2024 05:00
-5.5%
-8.2%
Thursday 29 February 2024 05:00
-7.7%
-7.5%
Wednesday 31 January 2024 05:00
-6.2%
-4%
Wednesday 27 December 2023 05:00
-4.3%
-8.5%
Thursday 30 November 2023 05:00
-6.8%
-6.3%
Tuesday 31 October 2023 05:00
-4.7%
-6.8%
Friday 29 September 2023 05:00
-8.9%
-9.4%
Thursday 31 August 2023 05:00
-0.8%
-6.7%
Monday 31 July 2023 05:00
-0.2%
-4.8%
Friday 30 June 2023 05:00
-2.2%
3.5%
Wednesday 31 May 2023 05:00
-0.9%
-11.9%
Friday 28 April 2023 05:00
-4.3%
-3.2%
Friday 31 March 2023 05:00
-0.5%
-0.3%
Tuesday 28 February 2023 05:00
1%
6.6%
Tuesday 31 January 2023 05:00
0.5%
-1.7%
Tuesday 27 December 2022 05:00
-1.1%
-1.4%
Wednesday 30 November 2022 05:00
-1.3%
-1.8%
Monday 31 October 2022 05:00
2.3%
1%
Friday 30 September 2022 05:00
-4.1%
4.6%
Wednesday 31 August 2022 05:00
-4.1%
-5.4%
Friday 29 July 2022 05:00
-1.2%
-2.2%
Thursday 30 June 2022 05:00
1.7%
-4.3%
Tuesday 31 May 2022 05:00
3%
2.2%
Thursday 28 April 2022 05:00
-0.5%
6%
Thursday 31 March 2022 05:00
1.1%
6.3%
Monday 28 February 2022 05:00
1.7%
2.1%
Monday 31 January 2022 05:00
7.1%
4.2%
Friday 24 December 2021 05:00
7.1%
3.7%
Tuesday 30 November 2021 05:00
5.2%
10.4%

Economic context

Recent economic data has been strongly bearish for JPY. Other recent announcements which may affect the market's interpretation of the next Housing Starts (YoY) result:

PreviousLatest
National Consumer Price Index (YoY)Bearish change2.5%2.3%
National CPI ex Food, Energy (YoY)Bullish change2.1%2.3%
National CPI ex Fresh Food (YoY)Bearish change2.4%2.3%
Exports (YoY)Bullish change-1.7%3.1%
Imports (YoY)Bearish change1.8%0.4%
Merchandise Trade Balance TotalBearish change¥-294.1B¥-461.2B
Gross Domestic Product (QoQ)Bearish change0.5%0.2%
Gross Domestic Product AnnualizedBearish change2.2%0.9%
Gross Domestic Product Deflator (YoY)Bearish change3.2%2.6%

About Housing Starts (YoY)

Country:Japan
Currency:JPY
Source:Ministry of Land, Infrastructure, Transport and Tourism of Japan
Category:Housing Market
Frequency:Monthly
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