By Jeff Wynkoop There are a lot of difficult decisions consumers have to make when choosing a home mortgage loan in Japan. Borrowers need to understand the impact these decisions have on the level of their monthly loan payments as... More
By Jeff Wynkoop If you want to build a house in Japan you will be faced with a lot of decisions. For most people, the most time-consuming issue is finding and acquiring the rights to a suitable parcel of land in the... More
In a recently released government survey, a majority of homeowners, financial planners, and homebuilders think that “it is a good time to buy” a home, in consideration of the two-and-a-half year postponement of the increase in the Japanese consumption tax to... More
With home mortgage rates in Japan at a historic low, there has been a surge of interest among first-time home buyers in Japan. Whether you are a long-term resident of Japan who has decided that it’s finally time to buy... More
Catch up on the week’s Japanese real estate related news in this summary pulled from our blog and sources around the web. MLIT 2015 Q4 LOOK Report: Growth in Nagoya Land Prices Leads the Country Real Estate Japan The Ministry... More
The price of a newly constructed house listed for sale in the Tokyo suburbs (outside of the 23-wards but still within the administrative boundaries of Tokyo) rose to 40,580,000 yen ($353,000), a year-on-year increase of 11.6%, the highest year-on-year rise... More
It was another busy news week as the Nikkei (and J-REITS) soared in the aftermath of the Bank of Japan’s negative interest rate decision, while the Nikkei Asian Reivew reports that some analysts think it is too early to forecast that negative... More
Real Estate Japan sat down recently to interview Yumi, a 30-something Japanese woman, to ask about the 4-bedroom house that she and her husband Eric, a French national bought about three and a half years ago, and the process they... More
In a previous post, we pointed out that it used to be almost impossible to get a mortgage as a foreigner, but in recent years some Japanese banks will lend to foreign nationals with permanent residency (PR) status. In fact,... More
Sales prices of newly constructed apartments in the greater Tokyo region were up in September, as developers continued to rein in supply. The average sales price for a new apartment sold in the greater Tokyo metro region reached ¥66,530,000 ($450,000... More
On September 20th, the Ministry of Land announced that the average price of residential land in Japan rose 0.1%, the first time in 31 years that residential land prices increased year-0n-year. This is a big milestone in the economy’s long... More
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
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
Core consumer prices in Tokyo, which are considered a leading indicator of Japanese price trends, rose 1.9% in April year-on-year, marking the fastest annual pace in seven years. This was as announced by the Ministry of Internal Affairs on May... More
April 1st is the start of the fiscal year in Japan for government agencies, schools, and many private companies. Below is a summary of some of the main legal and price changes that will go into effect starting April 1st.... More
In this post, we cover the Top 5 most popular stations for people searching for properties for sale on realestate.co.jp as we close out February. There was a clear number one and a four-way tie for second place! The ranking below is based... More
The average sales price of a newly constructed apartment in the city of Osaka was ¥40,820,000 ($359,000 USD) in September. This was a year-on-year drop of 29.7% but the average sales price per square meter was about flat year-on-year at... More
Land prices rose in 35 locations out of 100 surveyed by Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT) in its 2021 Q2 (April 1 to July 1) LOOK Report, which tracks land price trends for intensively used commercial... More
Here are five spacious and affordable apartments for folks looking for a little more space to work from home or just to have a bit more legroom! We handpicked properties that are at least 35-sqm (377-sqft). Monthly rent for our... More
In this post, we present the Top 5 most popular stations for people searching for properties for sale on realestate.co.jp as we head into the last part of December 2020. The ranking below is based on an analysis of property listings in the... More