Tokyo New Apartment Market: 2022 Mid-Year Trend Report
Homebuyers in the greater Tokyo region have been buying apartments at a brisk pace this year, pushing the average sales prices of newly built condominiums up for the first time in two years amidst strong demand and low inventory. Data... More
Land prices in Japan up for first time in two years: 2022 Rosenka Land Value Survey
Nationwide land values increased 0.5% in 2022, the first time in two years that land prices in Japan have increased. This is another data point suggesting that the real estate market is recovering from pandemic lows. The Roadside Land Value... More
Osaka’s Hot Housing Market: June 2022 Update
The housing market in Osaka shows few signs of relief in terms of a cool down in prices. The average sales price of a newly constructed apartment in the city of Osaka was ¥65,210,000 in May 2022. This was a... More
Where have apartment prices in Japan risen the most in the past five years?
Prices of pre-owned apartments in the greater Tokyo region grew 0.6% in April compared to March to ¥46,880,000 ($367,000 USD), the twelfth consecutive month of month-on-month price increases. This was also a year-on-year increase of 16.6%. This upward trend in... 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
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