NOMURA RESEARCH INSTITUTE: JAPAN'S EXISTING HOME SALES TO INCREASE TO 340,000 IN 2030

- Vacant Homes Will Double to Over 20 Million in 2033 –
 
TOKYO, Aug 1 (Bernama-BUSINESS WIRE) -- Nomura Research Institute, Ltd. (NRI, TOKYO:4307), a leading provider of consulting services and system solutions, has announced its predictions on the number of Japan’s vacant homes and vacancy rate (ratio of vacant homes in the total number of homes) from 2018 to 2033, as well as Japan’s existing home sales (homes other than newly built homes) from 2015 to 2030.
 
Number of vacant homes and vacancy rate
NRI predicts that, if existing homes are not demolished or effectively used for non-residential purposes, the total number of homes will expand to roughly 71.3 million in 2033, the number of vacant homes will reach roughly 21.7 million, and the vacancy rate will reach 30.4%, all of which are increases.

http://mrem.bernama.com/viewsm.php?idm=27249