Housing Index in Japan increased to 140.54 points in September from 137.89 points in August of 2025. This dataset provides - Japan Construction Starts - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In July 2025, the preliminary residential property price index in Japan stood at *****. The residential property price index comprises residential land, detached houses, and condominiums.

Graph and download economic data for Real Residential Property Prices for Japan (QJPR628BIS) from Q1 1955 to Q2 2025 about Japan, residential, HPI, housing, real, price index, indexes, and price.

Key information about Japan Gold Production

• Japan Real Residential Property Price Index was reported at 121.828 2010=100 in Jun 2025.
• This records a decrease from the previous number of 124.004 2010=100 for Mar 2025.
• Japan Real Residential Property Price Index data is updated quarterly, averaging 179.103 2010=100 from Mar 1955 to Jun 2025, with 282 observations.
• The data reached an all-time high of 189.276 2010=100 in Mar 1991 and a record low of 12.662 2010=100 in Mar 1955.
• Japan Real Residential Property Price Index data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Real Residential Property Price Index: 2010=100: Quarterly. [COVID-19-IMPACT]

Key information about House Prices Growth

• Japan house prices grew 3.4% YoY in Aug 2025, following an increase of 4.7% YoY in the previous month.
• YoY growth data is updated monthly, available from Apr 2009 to Aug 2025, with an average growth rate of 1.3%.
• House price data reached an all-time high of 10.2% in Apr 2022 and a record low of -9.4% in Apr 2009.

Residential Property Prices in Japan increased 3.56 percent in June of 2025 over the same month in the previous year. This dataset includes a chart with historical data for Japan Residential Property Prices.

As of December 2023, the composite JREI Home Price Index for existing condominiums in the Tokyo Metropolitan Area in Japan stood at around ***** index points. Since 2014, there has been a continuous increase in home prices in the investigated area. Compared to the previous year, the index increased by **** percent.

Japan Home Price Index: Used Condominium: Tokyo data was reported at 99.470 Jan2000=100 in Aug 2018. This records an increase from the previous number of 98.690 Jan2000=100 for Jul 2018. Japan Home Price Index: Used Condominium: Tokyo data is updated monthly, averaging 91.150 Jan2000=100 from Jun 1993 (Median) to Aug 2018, with 303 observations. The data reached an all-time high of 190.670 Jan2000=100 in Jun 1993 and a record low of 79.710 Jan2000=100 in Jan 2005. Japan Home Price Index: Used Condominium: Tokyo data remains active status in CEIC and is reported by Japan Real Estate Institute. The data is categorized under Global Database’s Japan – Table JP.EB013: Home Price Index.

View quarterly updates and historical trends for Japan Real House Price Index. Source: Federal Reserve Bank of Dallas. Track economic data with YCharts an…

In July 2025, the preliminary residential property price index for detached houses in Japan stood at ***** points, down by *** percent compared to a month earlier. Apart from single-family homes, the residential property price index comprises residential land and condominiums.

In July 2025, the preliminary residential property price index in Tokyo Prefecture in Japan stood at *****. The residential property price index comprises residential land, detached houses, and condominiums.

Japan Home Price Index: Used Condominium: Composite of Tokyo Metro data was reported at 90.890 Jan2000=100 in Aug 2018. This records an increase from the previous number of 90.400 Jan2000=100 for Jul 2018. Japan Home Price Index: Used Condominium: Composite of Tokyo Metro data is updated monthly, averaging 86.370 Jan2000=100 from Jun 1993 (Median) to Aug 2018, with 303 observations. The data reached an all-time high of 194.300 Jan2000=100 in Jun 1993 and a record low of 76.370 Jan2000=100 in Aug 2012. Japan Home Price Index: Used Condominium: Composite of Tokyo Metro data remains active status in CEIC and is reported by Japan Real Estate Institute. The data is categorized under Global Database’s Japan – Table JP.EB013: Home Price Index. For data point of 2014 Nov onwards, data is published by the Japan Real Estate Institute (JREI). For data point before that, it is published by the Tokyo Stock Exchange (TSE). Base year and methodology remain the same.

In July 2025, the residential property price index of the Hokkaido region in Japan stood at *****, up by *** percent compared to a month earlier. The residential property price index comprises residential land, detached houses, and condominiums.

Japan Home Price Index: Used Condominium: Kanagawa data was reported at 86.230 Jan2000=100 in Aug 2018. This records an increase from the previous number of 85.750 Jan2000=100 for Jul 2018. Japan Home Price Index: Used Condominium: Kanagawa data is updated monthly, averaging 83.740 Jan2000=100 from Jun 1993 (Median) to Aug 2018, with 303 observations. The data reached an all-time high of 195.910 Jan2000=100 in Aug 1993 and a record low of 75.770 Jan2000=100 in Jun 2013. Japan Home Price Index: Used Condominium: Kanagawa data remains active status in CEIC and is reported by Japan Real Estate Institute. The data is categorized under Global Database’s Japan – Table JP.EB013: Home Price Index.

As of December 2023, the JREI Home Price Index for existing condominiums in Kanagawa Prefecture, Japan, stood at around ***** index points. Compared to the previous year, the index increased by roughly *** percent.Besides, the JREI publishes home price indices for Tokyo, Chiba, and Saitama Prefectures, as well as a composite index for the Tokyo Metropolitan Area as a whole.

In 2024, the existing home sales index in Japan stood at ***** index points, reaching a decade high. The index for used home sales measures the development of the second-hand housing market based on the number of ownership transfers due to the sale and purchase of buildings. It includes data for detached houses and condominiums. Second-hand housing market in Japan Japan’s second-hand home market only accounts for a small share of the overall housing market. Despite the country’s massive housing stock, a large quantity of new homes is built every year as Japanese consumers prefer new homes over used ones. This is probably rooted in the housing policies of the post-war period, which were aimed at the rapid supply of new housing units at the cost of quality. As a result, many older homes are poor quality, and new homes quickly depreciate. These circumstances have created uncertainty about used homes and are reflected by the scrap and build approach of completely destroying and rebuilding used homes instead of reusing and renovating them. Revitalizing the existing home market In the past years, however, the government has shifted its focus to revitalizing the used housing market and utilizing the massive existing housing stock that comprises around ** million units. By implementing a reliable home inspection system, subsidizing renovations, and offering appropriate pricing models, it is trying to change people’s perception of used homes. Driven by rising prices for new homes, demand for second-hand homes, especially condominiums, has recently increased in the metropolises of Tokyo and Osaka.

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Residential Real Estate Market Size 2025-2029

The residential real estate market size is valued to increase USD 485.2 billion, at a CAGR of 4.5% from 2024 to 2029. Growing residential sector globally will drive the residential real estate market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 55% growth during the forecast period.
By Mode Of Booking - Sales segment was valued at USD 926.50 billion in 2023
By Type - Apartments and condominiums segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 41.01 billion
Market Future Opportunities: USD 485.20 billion
CAGR : 4.5%
APAC: Largest market in 2023

Market Summary

The market is a dynamic and ever-evolving sector that continues to shape the global economy. With increasing marketing initiatives and the growing residential sector globally, the market presents significant opportunities for growth. However, regulatory uncertainty looms large, posing challenges for stakeholders. According to recent reports, technology adoption in residential real estate has surged, with virtual tours and digital listings becoming increasingly popular. In fact, over 40% of homebuyers in the US prefer virtual property viewings. Core technologies such as artificial intelligence and blockchain are revolutionizing the industry, offering enhanced customer experiences and streamlined processes.
Despite these advancements, regulatory compliance remains a major concern, with varying regulations across regions adding complexity to market operations. The market is a complex and intriguing space, with ongoing activities and evolving patterns shaping its future trajectory.

What will be the Size of the Residential Real Estate Market during the forecast period?

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How is the Residential Real Estate Market Segmented and what are the key trends of market segmentation?

The residential real estate industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Mode Of Booking

  Sales
  Rental or lease


Type

  Apartments and condominiums
  Landed houses and villas


Location

  Urban
  Suburban
  Rural


End-user

  Mid-range housing
  Affordable housing
  Luxury housing


Geography

  North America

    US
    Canada
    Mexico


  Europe

    France
    Germany
    UK


  APAC

    Australia
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By Mode Of Booking Insights

The sales segment is estimated to witness significant growth during the forecast period.

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The Sales segment was valued at USD 926.50 billion in 2019 and showed a gradual increase during the forecast period.

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Regional Analysis

APAC is estimated to contribute 55% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The market in the Asia Pacific (APAC) region holds a significant share and is projected to lead the global market growth. Factors fueling this expansion include the region's rapid urbanization and increasing consumer spending power. Notably, residential and commercial projects in countries like India and China are experiencing robust development. The residential real estate sector in China plays a pivotal role in the economy and serves as a major growth driver for the market.

With these trends continuing, the APAC the market is poised for continued expansion during the forecast period.

Market Dynamics

Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

In the Residential Real Estate Market, understanding the impact property tax rates home values and effect interest rates mortgage affordability is essential for buyers and investors. Key factors affecting home price appreciation and factors influencing housing affordability shape market trends, while the importance property due diligence process and requirements environmental site assessment ensure informed decisions. Investors benefit from methods calculating rental property roi, process home equity loan application, and benefits real estate portfolio diversification. Tools like property management software efficiency and techniques effective property marketing help tackle challenges managing rental properties. Additionally, strategies successf

Japan Home Price Index: Used Condominium: Chiba data was reported at 70.050 Jan2000=100 in Sep 2018. This records a decrease from the previous number of 70.290 Jan2000=100 for Aug 2018. Japan Home Price Index: Used Condominium: Chiba data is updated monthly, averaging 77.790 Jan2000=100 from Jun 1993 (Median) to Sep 2018, with 304 observations. The data reached an all-time high of 214.110 Jan2000=100 in Oct 1993 and a record low of 61.470 Jan2000=100 in Jun 2013. Japan Home Price Index: Used Condominium: Chiba data remains active status in CEIC and is reported by Japan Real Estate Institute. The data is categorized under Global Database’s Japan – Table JP.EB013: Home Price Index.

Japan JP: Standardised Price-Income Ratio: sa data was reported at 87.580 Ratio in 2024. This records a decrease from the previous number of 89.402 Ratio for 2023. Japan JP: Standardised Price-Income Ratio: sa data is updated yearly, averaging 128.381 Ratio from Dec 1960 (Median) to 2024, with 65 observations. The data reached an all-time high of 163.402 Ratio in 1973 and a record low of 73.561 Ratio in 2009. Japan JP: Standardised Price-Income Ratio: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Japan – Table JP.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Annual. Nominal house prices divided by nominal disposable income per head. Net household disposable income is used. The population data come from the OECD national accounts database. The long-term average is calculated over the whole period available when the indicator begins after 1980 or after 1980 if the indicator is longer. This value is used as a reference value. The ratio is calculated by dividing the indicator source on this long-term average, and indexed to a reference value equal to 100.

In December 2023, the Japan Real Estate Institute (JREI) Home Price Index for existing condominiums in Chiba Prefecture fell by approximately *** percent compared to the same month a year ago, standing at ***** index points.Besides, the JREI publishes home price indices for Tokyo, Kanagawa, and Saitama Prefectures, as well as a composite index for the Tokyo Metropolitan Area as a whole.