Growing preference for detached homes driven by avoidance of the three Cs and expansion of telework
First written in FY2021-Q2. 7 of 14 entries say "Restated". Latest entry: FY2025-H1.
Grandy House moved to the "Worse" side of this theme in 2023.
The whole theme swung hardest in 2023: 3 of 8 companies on the "Worse" side.
1 other company's latest entry also says "Softened".
- FY2025-H1SoftenedAnnual report
「In the housing industry, challenging conditions for customer sentiment continued, including persistently high housing prices due to soaring material costs and rising mortgage interest rates.」
The deterioration in customer sentiment caused by persistently high housing prices and rising mortgage rates has become more prominent than the tailwind for demand for detached homes arising from changes in lifestyles and other factors. - FY2024-Q3SoftenedAnnual report
「In the housing industry, elevated housing prices weakened buyer sentiment, and the number of construction starts for detached homes for sale has remained below the year-earlier monthly level since November 2022.」
The deterioration in buyer sentiment caused by persistently high housing prices and the resulting decline in construction starts below the year-earlier level have become more prominent than the previous tailwind for demand from changes in lifestyles and a preference for detached homes. - FY2024-Q2SoftenedAnnual report
「In the housing industry, buyers' sentiment weakened as housing prices remained elevated, and housing starts for detached subdivision homes remained below the year-earlier month for 11 consecutive months from November 2022, with the decline also widening.」
The deterioration in purchase sentiment caused by persistently high housing prices became more prominent than the tailwind from a preference for detached homes arising from changes in lifestyles and other factors. - FY2024-Q1SoftenedAnnual report
「In the housing industry, continued elevated housing prices affected purchase sentiment, and new housing starts continued to tend to fall below the year-earlier monthly level.」
Rising housing prices affected purchase sentiment, and the tailwind for demand for detached homes created by the COVID-19 pandemic and changes in lifestyles has weakened. - FY2023SoftenedAnnual report
「Nationwide new housing starts for detached homes for sale remained firm, exceeding the year-earlier monthly level for 18 consecutive months through October 2022, but have remained below the year-earlier level since November of that year.」
Against the support for demand from a preference for detached homes arising from changes in lifestyles and other factors, construction starts for detached homes for sale fell below the year-earlier monthly level from November 2022 onward. - FY2023-Q3SoftenedAnnual report
「Nationwide new housing starts for detached subdivision homes exceeded the year-earlier month for 18 consecutive months through October 2022, but began to decline year on year in November of that year.」
Despite conditions supporting the recovery in construction starts through the preference for detached homes and support measures, construction starts for detached homes for sale turned down year on year in November 2022. - FY2023-Q2RestatedAnnual report
「Changes in needs concerning housing and lifestyles during the COVID-19 pandemic, housing acquisition support measures and low-interest-rate policies supported firm activity in nationwide new housing starts for detached homes for sale, which exceeded the year-earlier level for 17 consecutive months through September of this year.」
The Company continues to recognize that changes in needs concerning housing and lifestyles during the COVID-19 pandemic, housing acquisition support measures and low-interest-rate policies are supporting construction starts for detached homes for sale. - FY2023-Q1RestatedAnnual report
「The effects of growing interest in housing and lifestyles during the COVID-19 pandemic, housing acquisition support measures and low-interest-rate policies have continued, and」
The Company continues to recognize that growing interest in housing and lifestyles during the COVID-19 pandemic, together with housing acquisition support measures and low-interest-rate policies, is supporting housing demand. - FY2022RestatedAnnual report
「The number of new housing starts continued to show a gradual recovery toward pre-pandemic levels, supported by growing interest in acquiring homes amid changes in lifestyles during the COVID-19 pandemic, housing acquisition support measures and continued low interest rates.」
The Company continues to describe growing interest in acquiring homes against the backdrop of changes in lifestyles as a factor supporting the recovery in housing starts. - FY2022-Q3RestatedAnnual report
「In the housing industry, the number of new housing starts continued to show a gradual recovery toward pre-pandemic levels due to the growing preference for detached homes and housing acquisition support measures, although」
The preference for detached homes continued to grow and is still described as a factor supporting the recovery in new housing starts. - FY2022-Q2RestatedAnnual report
「In the housing industry, the number of new housing starts was gradually recovering toward pre-pandemic levels due to the growing preference for detached homes and housing acquisition support measures, although」
The growing preference for detached homes continues to be described as a factor supporting the recovery in new housing starts. - FY2022-Q1RestatedAnnual report
「In the housing industry, the number of new housing starts has been gradually recovering, due to the growing preference for detached homes and housing acquisition support measures, although」
The continued preference for detached homes against the backdrop of avoidance of the 3 Cs and the expansion of telework is described as a factor supporting the gradual recovery in new housing starts. - FY2021-Q3RestatedAnnual report
「At the same time, new trends were observed, including a growing customer preference for detached homes due to the avoidance of the 3 Cs and the expansion of telework.」
The Company continues to describe the demand trend of a growing customer preference for detached homes against the backdrop of avoidance of the 3 Cs and the expansion of telework. - FY2021-Q2First statedAnnual report
「At the same time, new trends have emerged, including a growing customer preference for detached homes due to the avoidance of the 3 Cs and the expansion of telework.」
The Company describes a new demand trend in which customers are increasingly favoring detached homes against the backdrop of avoidance of the 3 Cs and the expansion of telework.