Thursday, October 31, 2013
Sept Housing Starts Rise For 13th Straight Month
TOKYO (NQN)--Housing starts in September rose 19.4% on the year to 88,539 units, marking the 13th straight month of increase and the biggest figure since October 2008, the Infrastructure Ministry reported Thursday afternoon.
Starts for owner-occupied houses rose 14.2% to 32,128 units, up for the 13th straight month. Starts for rental homes climbed 21.5% to 31,892 units, up for the seventh straight month. Starts for houses built for sale increased 23.5% to 23,968 units, up for the fifth straight month.
Housing starts for the six months through September rose 12.7% to 499,032 units.
(Nikkei Quick News, Oct. 31)