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JAPANESE HOMEBUILDERS SEE DEMAND WEAKENING IN FY03: SURVEY.
OSAKA, May 1 Asia Pulse - Many Japanese home and condominium developers expect housing demand to continue shrinking this fiscal year, with more than 80 per cent projecting that housing starts in the current year will fall short of the fiscal 2002 level of 1.14 million units, according to a survey conducted by The Nihon Keizai Shimbun.
More than 40 per cent of the survey respondents also predicted that housing starts will fall below the 1 million unit mark within the next 10 ...
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Source: HighBeam Research, JAPANESE HOMEBUILDERS SEE DEMAND WEAKENING IN FY03: SURVEY.