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How much does it cost to buy a house in Tokyo? October 2020 Update

Below we give a mid-year update on the market for newly constructed and previously owned homes in Tokyo, based on September and second quarter listing prices and actual sales prices. What is the average listing price for a new house... More

Tokyo 23 Wards New Apartment Supply Continues to Slide in September, Sale Prices Up on Year

The supply of new apartments for sale in the Tokyo 23 Wards continued a long-term downward trend in September, as the number released for sale fell 9.5% year-on-year to 1,006 units. This was a huge jump from August when only... More

Buying a Home in Tokyo as a Foreigner: Oct 2020 Edition

In this post, we present the Top 5 most popular stations for people searching for properties for sale on realestate.co.jp in October 2020. The ranking below is based on an analysis of property listings in the Tokyo 23 Wards that people viewed and inquired... More

Japan average land price falls for first time in three years on coronavirus shutdowns

The average price of a parcel of land in Japan fell 0.6% year-on-year, for the first time in three years. As foreign tourists have been shut out of the country to slow the spread of the coronavirus demand for tourism-related... More

Tokyo 23 Ward New Apartment Supply Drops by Half in August, Average Sales Price Falls

Homebuyers looking to buy a newly built apartment in the Tokyo 23 Wards may find that it’s easier said than done when it comes to finding a suitable range of properties to choose from. A big reason for this is... More

New Condominium Supply Soars in Kansai Region, Reversing 5 Months of Flat Growth

The number of newly built condominiums released for sale in the Kansai region jumped double digits year-on-year in August, reversing five months of flat growth. Developers in western Japan released 1,617 units for sale last month, an increase of 20.6%... More

Top 10 areas where foreigners are looking to buy homes in Japan, Other than Tokyo

On Real Estate Japan, properties near central stations in Tokyo’s 23 Wards usually receive the most attention from foreigners looking to buy a home in Japan. In 2019, for example, the most popular stations for people searching for For Sale... More