Japan’s October Housing Starts Post First Rise in Seven Months
According to the Ministry of Land, Infrastructure, Transport and Tourism (Japan construction regulator), housing starts in October increased 3.2% year-on-year, reversing a seven-month decline.
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Terms & Concepts
Housing Starts: The number of new residential construction projects begun during a specific period.
Ministry of Land, Infrastructure, Transport and Tourism: Japan government agency overseeing construction, transport, and infrastructure policy.