Nov 11, 2013

Orders for custom-built houses dive in October

Orders for custom-built homes plunged in value in October, following a surge in the previous month to avoid the consumption tax hike next April, according to data from builders. Asahi Kasei Homes Corp., a unit of Asahi Kasei Corp., saw its contracts, including for ...

Builders see boost before '14 tax hike

May 15, 2013

Builders see boost before '14 tax hike

Major homebuilders expect their sales and profits to rise in fiscal 2013, which ends next March, thanks to a projected surge in housing demand ahead of a planned consumption tax hike next April. Rush demand ahead of the tax hike and housing loan rates ...