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Where foreigners want to buy homes outside Tokyo – May 2022

This month on Real Estate Japan we are continuing to see a surge in inquiries on For Sale properties throughout Japan, both in the Tokyo metro region and in western Japan, especially Osaka. In this post, we share the five most... More

How much does an apartment cost in Osaka – May 2022 Update

The average sales price of a newly constructed apartment in the city of Osaka was ¥40,500,000 ($319,000 USD) in April 2022. This was a big year-on-year drop of 34.4% and also a drop of 28.3% versus March. The average sales... More

How much does an apartment cost in Tokyo – May 2022 Update

The average sales price of a newly constructed apartment in the greater Tokyo region was ¥62,910,000 ($495,000 USD) in April. This was a year-on-year decrease of 19.0% and a decrease of 3.5% compared to March. The average sales price per square... More

Minato Ward Sale Prices by Station: How much did these properties sell for?

Tokyo is a massive city and citywide sales data can’t always help us understand what is happening in particular neighborhoods. So in this post, we take a deeper dive into the data to look at property sale prices by major... More

How low are mortgage interest rates in Japan compared to the United States?

The Japan Finance Housing Agency (JHFA) has announced the interest rate for Flat 35 home loans for May, with a lowest available rate of 1.480% per annum, the fourth consecutive month in which the Flat 35 rate has risen. In... More

Average sales price of a newly built apartment in Tokyo hits record high in 2021: Behind the headline numbers

The average selling price of a newly built condominium in greater Tokyo reached ¥63,600,000 ($490,000 USD) in FY2021, exceeding asset bubble era highs and the highest ever recorded by the Real Estate Economic Research Institute. The average price per square... More

What can you buy for $150,000 or less in Japan’s medium and small cities?

In this installment of the “what can you buy” series, by popular request, we take a look at what you can buy in Japan’s smaller cities and towns for $150,000 (¥20,000,000) or less. The weakening yen has strengthened the purchasing... More