Japan's housing starts logged its weakest growth in three months in November, data from the Ministry of Land, Infrastructure, Transport and Tourism showed Tuesday.
Housing starts grew at a slower pace of 6.7 percent year-on-year in November, following a 13.1 percent rise in October. The annual growth was the weakest since August and also slower than the expected 9.8 percent increase.
Annualized housing starts declined to 937,000 from 978,000 a month ago. This was the lowest level since January, when it totaled 873,000.
Construction orders received by 50 big contractors dropped 6 percent in contrast to October's 15.2 percent notable growth. Orders declined for the first time in four months in November.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.