New houses being built in Japan was up 0.8% this year to 494,404 units.
That's a big deal, considering Japan has NO more places to build houses.
The Bank of Japan hinted at higher interest rates which led to consumers building or buying new houses before the rates went up.
apan's top four home builders lost market share; the fifth went unchanged.
The top five builders in Japan and their market share:
| Houses | |||
| Rank | Company Name | Share | Point Change |
| 1 | Sekisui House | 4.2 | -0.1 |
| 2 | Daiwa House Industry | 2.3 | -0.1 |
| 3 | Sekisui Chemical | 2.2 | -0.2 |
| 4 | Asahi Kasei Homes | 2.2 | -0.2 |
| 5 | Misawa Homes | 2.2 | 0 |
| Total number of housing starts: 494,094 (up 0.8%) Sources: Ministry of Land, Infrastructure and Transport; market shares estimated by Nikkei | |||
Alll things considered....I owned a Daiwa house when I was there...and we loved it....especially in snow country where we lived.
When everyone else was shoveling snow from the roof to keep their houses from caving in...we were good for up to five meters.
What kind of home do you have in Japan?
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