How much does an apartment cost in Osaka – April 2022 Update
The average sales price of a newly constructed apartment in the city of Osaka was ¥56,480,000 ($441,000 USD) in March 2022. This was a significant year-on-year increase of 33.5% and also up 32.7% versus February. However, the average sales price... More
Sales of Pre-Owned Houses in Greater Tokyo Hit Record High in 2021
Sales of pre-owned freestanding houses in the greater Tokyo area reached a record high of 14,732 units in 2021. This is according to the Real Estate Information Network Systems (REINS) Eastern Japan’s market trends report for 2021. The 2021 number... More
How much does an apartment cost in Osaka – March 2022 Update
The average sales price of a newly constructed apartment in the city of Osaka was ¥42,570,000 ($350,000 USD) in February 2022. This was a year-on-year increase of 12.2% and up 20.3% versus January. The average sales price per square meter... More
How much does an apartment cost in Tokyo – March 2022 Update
The average sales price of a newly constructed apartment in the greater Tokyo region was ¥74,180,000 ($604,000 USD) in February. This was a year-on-year increase of 16.3% and up 20.5% compared to January. The average sales price per square meter was... More
Official Land Prices in Japan Rise for the First Time in Two Years
Official land prices in Japan increased 0.6% in 2021, rising for the first in two years, reflecting the gradual recovery of the economy from the pandemic and related border closure. This was as announced by the Ministry of Land, Infrastructure,... More
Average sales price of a new apartment in Japan hits all-time high – 2021 Japan Year in Review
The average sales price of a newly constructed apartment in Japan reached a record high of ¥51,150,000 ($443,000 USD) in 2021 (up 2.9% compared to 2020) and the fifth consecutive year of year-on-year record increases. The average price per square... More
Majority of surveyed land showing price growth for first time since start of pandemic: 2021 Q4 LOOK Report
Land prices rose in 55 locations out of 100 surveyed by Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT) in its 2021 Q4 (October 1 to January 1) LOOK Report. The LOOK report tracks land price trends for intensively... More