Favorable home-buying conditions supported by home-purchase support measures and low interest rates
First written in FY2017-Q2. 18 of 30 entries say "Softened", first in FY2017-Q3. Latest entry: FY2027-H1.
Grandy House moved to the "Worse" side of this theme in 2023, the same year as the typical company in this theme.
The whole theme swung hardest in 2020: 9 of 25 companies on the "Worse" side.
7 other companies' latest entry also says "Other".
- FY2027-H1Housing acquisition conditions remain challenging despite a rebound in demandAnnual report
「Starts of construction of built-for-sale detached houses increased 16.6% year on year, but the number of units started in the same period of the previous year included a temporary decline caused by regulatory revisions, limiting the improvement in market conditions. In addition, the business environment remained challenging due to persistently high construction material prices and labor costs, rising home prices, and caution over interest rate trends.」
The company explained that starts of construction of built-for-sale detached houses increased 16.6% year on year, although this included a rebound from before the regulatory revisions, limiting the improvement in market conditions. Conditions remained challenging due to persistently high material and labor costs, rising home prices, and caution over interest rates. - FY2026SoftenedAnnual report
「Housing starts for detached subdivision homes turned higher year on year from October, but the recovery was modest, resulting in a lackluster performance, including a 5.9% year-on-year decline for the full fiscal year.」
Although starts of construction of built-for-sale detached houses turned to year-on-year growth from October, they fell 5.9% for the full year, and the challenging home-purchase environment persisted. - 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.」
In addition to soaring material costs and persistently high housing prices, rising mortgage interest rates were also noted, with challenging conditions continuing rather than the previously favorable conditions for acquiring housing. - FY2024-Q3SoftenedAnnual report
「In the housing industry, buyers' sentiment weakened as housing prices remained elevated, and housing starts for detached subdivision homes continued to fall below the year-earlier month from November 2022 onward. In light of the deterioration in housing starts, the government revised its economic assessment of the housing construction sector, most recently lowering it to “weakening.”」
Weakening buyers' sentiment due to persistently high housing prices and housing starts for detached subdivision homes remaining below the year-earlier month were reflected in the government's downgrade of its economic assessment, indicating weakening conditions for acquiring housing. - 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.」
Weak purchasing sentiment due to persistently high housing prices continued, and housing starts for detached subdivision homes remained below the year-earlier month for 11 consecutive months, with the decline also widening. - FY2024-Q1SoftenedAnnual report
「In the housing industry, continued increases in housing prices affected purchasing sentiment, and new housing starts continued to tend to fall below the year-earlier month. In the construction start statistics for the core detached subdivision housing segment released by the Ministry of Land, Infrastructure, Transport and Tourism, housing starts remained below the year-earlier month from November 2022 onward.」
Rising housing prices affected purchasing sentiment, and new housing starts for detached subdivision homes remained below the year-earlier month from November 2022 onward. - FY2023SoftenedAnnual report
「In the housing industry, the increase in housing demand associated with lifestyle changes during the pandemic has paused, and the construction start statistics released by the Ministry of Land, Infrastructure, Transport and Tourism showed a tendency for housing starts to deteriorate year on year. Nationwide new housing starts for detached subdivision homes had remained resilient, exceeding the year-earlier month for 18 consecutive months through October 2022, but have remained below the year-earlier month since November of that year.」
The increase in housing demand associated with the pandemic paused, and housing starts for detached subdivision homes shifted from exceeding the year-earlier month for 18 consecutive months to falling below it 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.」
Housing starts for detached subdivision homes shifted from exceeding the year-earlier month for 18 consecutive months to declining year on year in November 2022, indicating weakening favorable conditions for acquiring housing. - FY2023-Q2SoftenedAnnual report
「Nationwide new housing starts for detached subdivision homes remained resilient, exceeding the previous year for 17 consecutive months through September of this year, but the pace of growth slowed, and it became necessary to monitor the impact on consumer sentiment of rising prices for housing and lifestyle-related products.」
Although housing starts for detached subdivision homes exceeded the previous year for 17 consecutive months, it noted a slowdown in the growth trend and the impact on consumer sentiment of rising prices for housing and lifestyle-related products. - FY2023-Q1AdvancedAnnual report
「Meanwhile, the effects of heightened interest in housing and lifestyles during the pandemic, housing purchase support measures, and low-interest-rate policies have continued, and nationwide new housing starts for detached subdivision homes exceeded the previous year for 14 consecutive months through June of this year.」
The effects of interest in housing and lifestyles, housing purchase support measures, and low-interest-rate policies continued, and nationwide new housing starts for detached subdivision homes exceeded the previous year for 14 consecutive months. - FY2022SoftenedAnnual report
「The housing market is expected to maintain strong demand for housing, particularly in the Tokyo metropolitan area, due to changes in lifestyles during the pandemic, housing purchase support measures by the government and others, and expectations that low interest rates will continue for the time being. Meanwhile, the yen has recently weakened as interest-rate differentials between Japan and other countries have widened, increasing upward pressure on domestic price levels and long-term interest rates, which could make the operating environment even more challenging going forward.」
While expecting strong demand for housing and continued low interest rates, it also noted new concerns about the outlook for conditions for acquiring housing due to the weaker yen and upward pressure on prices and long-term interest rates. - FY2022-Q3SoftenedAnnual report
「In the housing industry, new housing starts continued to recover gradually toward pre-pandemic levels due to growing preference for detached homes and housing purchase support measures. However, elevated lumber distribution prices resulting from the “wood shock” persisted, supplies of housing equipment remained unstable, and moves to revise prices emerged due to soaring raw material prices, leaving the outlook uncertain.」
While the recovery in new housing starts continued, prolonged elevated lumber prices, unstable supplies of housing equipment, and soaring raw material prices increased uncertainty in conditions for acquiring housing. - FY2022-Q2RestatedAnnual report
「In the housing industry, new housing starts began to recover gradually toward pre-pandemic levels due to growing preference for detached homes and housing purchase support measures, but elevated lumber distribution prices caused by the “wood shock” have continued, and concerns have arisen about tight supplies of housing equipment and other products due to the spread of infections overseas, leaving the outlook uncertain.」
New housing starts are recovering toward pre-pandemic levels, but elevated lumber prices and concerns about tight supplies of housing equipment and other products continue. - FY2022-Q1Recovery trend, but still below pre-pandemic levels and lumber prices soaringAnnual report
「In the housing industry, new housing starts have been recovering gradually due to growing preference for detached homes and the effects of housing purchase support measures, but have not returned to pre-pandemic levels. In addition, the operating environment remains challenging, including the occurrence of the “wood shock,” in which lumber prices soared amid tight supply and demand.」
It states that new housing starts have recovered gradually due to the preference for detached homes and housing purchase support measures, but have not returned to pre-pandemic levels, while soaring lumber prices have added to the challenging environment. - FY2021-Q3RestatedAnnual report
「The housing industry also faced a challenging operating environment, particularly during the state of emergency in the previous year, due to restrictions on business activities and customers refraining from going out, and new housing starts declined substantially year on year.」
Challenging conditions for acquiring housing continued due to restrictions on business activities and customers refraining from going out, and new housing starts also declined substantially year on year. - FY2021-Q2SoftenedAnnual report
「The housing industry also faced a challenging operating environment, particularly during the state of emergency, due to restrictions on business activities and customers refraining from going out, while new housing starts declined substantially year on year amid concerns about a resurgence of infections and worsening employment conditions.」
In contrast to the previous favorable conditions for acquiring housing supported by low interest rates and housing purchase support measures, new housing starts declined substantially due to restrictions on business activities, customers refraining from going out, and concerns about worsening employment conditions. - FY2021-Q1SoftenedAnnual report
「The housing industry also faced an extremely challenging operating environment due to restrictions on business activities and customers refraining from going out as the novel coronavirus spread.」
In contrast to the previous description of favorable conditions for acquiring housing supported by low interest rates and housing purchase support measures, the operating environment became extremely challenging due to restrictions on business activities and customers refraining from going out because of the novel coronavirus. - FY2020SoftenedAnnual report
「Although conditions for acquiring housing remained favorable, with mortgage interest rates continuing at low levels, customers became more cautious about purchasing homes due to the consumption tax increase and Typhoon Hagibis, which caused flooding across a wide area of eastern Japan.」
It states that customer activity slowed due to the consumption tax increase, Typhoon Hagibis, and the novel coronavirus, although favorable conditions for acquiring housing due to low interest rates have been maintained. - FY2020-Q3SoftenedAnnual report
「Although conditions for acquiring housing remained favorable, with mortgage interest rates continuing at low levels, customers became more cautious about purchasing homes due to the consumption tax increase implemented in October of the previous year and Typhoon Hagibis, which caused flooding across a wide area of eastern Japan.」
It states that favorable conditions for acquiring housing due to low interest rates have been maintained, but customers became more cautious due to the consumption tax increase and Typhoon Hagibis. - FY2020-Q2RestatedAnnual report
「While conditions for acquiring housing remained favorable, with mortgage interest rates continuing at low levels, there appeared to be some movement in anticipation of the consumption tax increase, and housing starts for detached subdivision homes exceeded the year-earlier period.」
It states that favorable conditions for acquiring housing, including low mortgage interest rates, continued and housing starts for detached subdivision homes exceeded the year-earlier period. - FY2020-Q1AdvancedAnnual report
「While conditions for acquiring housing remained favorable, with mortgage interest rates continuing at low levels, there appeared to be some movement in anticipation of the consumption tax increase, and housing starts for both custom-built homes and detached subdivision homes substantially exceeded the year-earlier period.」
Favorable conditions for acquiring housing, including low mortgage interest rates, continued, and housing starts for custom-built homes and detached subdivision homes substantially exceeded the year-earlier period. - FY2019-Q3RestatedAnnual report
「Housing starts for detached subdivision homes remained firm, supported by mortgage interest rates continuing at low levels, the continuation of various housing purchase support measures, and improvements in employment and income conditions」
It states that housing starts for detached subdivision homes remained firm against a backdrop of low mortgage interest rates, housing purchase support measures, and improvements in employment and income conditions. - FY2019-Q2SoftenedAnnual report
「Although fixed-rate mortgage interest rates had recently shown signs of rising, mortgage interest rates continued at low levels, and housing starts for detached subdivision homes remained firm, supported by the continuation of various housing purchase support measures and improvements in employment and income conditions.」
Mortgage interest rates have remained low, but the latest description explicitly notes signs of rising fixed-rate mortgage interest rates. Housing starts are described as firm against a backdrop of housing purchase support measures and improvements in employment and income conditions. - FY2019-Q1RestatedAnnual report
「In the housing industry, housing starts for detached subdivision homes remained resilient, supported by mortgage interest rates continuing at low levels, the continuation of various housing purchase support measures, and improvements in employment and income conditions.」
It states that housing starts for detached subdivision homes remained resilient against a backdrop of low mortgage interest rates, housing purchase support measures, and improvements in employment and income conditions. - FY2018-Q3SoftenedAnnual report
「In the housing industry, although mortgage interest rates had recently shown signs of rising, they continued at low levels, and housing starts for detached subdivision homes remained firm, supported by the continuation of various housing purchase support measures and improvements in employment and income conditions.」
Favorable conditions for acquiring housing and firm housing starts have been maintained, but the latest description explicitly notes recent signs of rising mortgage interest rates. - FY2018-Q2RestatedAnnual report
「In the housing industry, housing starts for detached homes remained resilient, supported by mortgage interest rates continuing at low levels, the continuation of various housing purchase support measures, and improvements in employment and income conditions.」
It states that housing starts for detached homes remained resilient against a backdrop of low mortgage interest rates, housing purchase support measures, and improvements in employment and income conditions. - FY2018-Q1RestatedAnnual report
「In the housing industry, housing starts for detached homes remained firm, supported by mortgage interest rates continuing at low levels, the continuation of various housing purchase support measures, and improvements in employment and income conditions.」
It states that housing starts for detached homes remained firm against a backdrop of low mortgage interest rates, housing purchase support measures, and improvements in employment and income conditions. - FY2017SoftenedAnnual report
「Conditions for purchasing homes have remained favorable due to low mortgage interest rates, housing loan tax benefits, housing benefits and other measures, but the effect of these measures in promoting purchases has declined」
It states that although favorable conditions for purchasing homes have continued, the effect of low interest rates and support measures in promoting purchases has declined. - FY2017-Q3SoftenedAnnual report
「Although mortgage interest rates showed signs of rising, they remained near record-low levels. Conditions for acquiring housing continued to be favorable, supported by improvements in employment and income conditions and the continuation of various housing purchase support measures, and housing starts for detached homes remained firm.」
Favorable conditions for acquiring housing have been maintained, but the latest description newly notes signs of rising mortgage interest rates, indicating somewhat less favorable conditions than previously. - FY2017-Q2First statedAnnual report
「Housing starts remained strong because conditions for acquiring housing continued to be favorable, supported by improvements in employment and income conditions, the continuation of various housing purchase support measures, and mortgage interest rates at record-low levels.」
It states that conditions for acquiring housing and new housing starts were strong against a backdrop of employment and income conditions, housing purchase support measures, and mortgage interest rates.