• SHARE

Analysts are worried the slump in housing starts caused by stricter inspections will slow economic growth.

Credit Suisse Group lowered its growth estimate to 1.7 percent for the year ending March 31, down from the previous forecast of 2.9 percent, citing a drop in residential investment. Macquarie Bank Ltd. expects the expansion to slow to 1.9 percent, compared with a prior projection of 2.5 percent.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.

SUBSCRIBE NOW