Housing Index in Japan increased to 128.50 points in January from 128.20 points in December of 2024. This dataset provides - Japan Construction Starts - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Real Residential Property Prices for Japan (QJPR368BIS) from Q1 1956 to Q3 2024 about Japan, residential, housing, real, and price.

Key information about Japan Gold Production

• Japan Real Residential Property Price Index was reported at 121.710 2010=100 in Sep 2024.
• This records an increase from the previous number of 121.633 2010=100 for Jun 2024.
• Japan Real Residential Property Price Index data is updated quarterly, averaging 110.319 2010=100 from Mar 1955 to Sep 2024, with 279 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]

In the third quarter of 2024, the commercial property price index in Japan stood at 141.8, down from 142.4 index points in the previous quarter.The commercial property price index comprises offices, warehouses, factories, apartment buildings, and commercial and industrial land.

In November 2024, the preliminary residential property price index for condominiums in Japan stood at 207.2, increasing by one percent compared to the previous month. The overall residential property price index, comprised of residential land, detached houses, and condominiums, stood at 141.3 points in November 2024.

In November 2024, the preliminary residential property price index in Tokyo Prefecture in Japan stood at 168.5. The residential property price index comprises residential land, detached houses, and condominiums.

Key information about House Prices Growth

• Japan house prices grew 4.3% YoY in Nov 2024, following an increase of 2.0% YoY in the previous month.
• YoY growth data is updated monthly, available from Apr 2009 to Nov 2024, with an average growth rate of 1.9%.
• House price data reached an all-time high of 10.2% in Apr 2022 and a record low of -9.4% in Apr 2009.

CEIC calculates House Prices Growth from monthly Residential Property Price Index. The Ministry of Land, Infrastructure, Transport and Tourism provides Residential Property Price Index with base 2010=100.

In the third quarter of 2024, the commercial property price index for offices in Japan stood at 180.1, up from 174.1 points in the previous quarter.Apart from offices, the commercial property price index comprises retail properties, warehouses, factories, apartment buildings, and commercial and industrial land.

Key information about Japan Nominal Residential Property Price Index Growth

• Japan Nominal Residential Property Price Index Growth was reported at 3.455 % in Sep 2024.
• This records an increase from the previous number of 2.769 % for Jun 2024.
• Japan Nominal Residential Property Price Index Growth data is updated quarterly, averaging 3.083 % from Mar 1956 to Sep 2024, with 275 observations.
• The data reached an all-time high of 38.710 % in Sep 1961 and a record low of -6.432 % in Sep 2003.
• Japan Nominal Residential Property Price Index Growth 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 Nominal Residential Property Price Index: 2010=100: Quarterly: YoY %.

Japan Input Price Index: Mfg: Real Estate (RE) data was reported at 94.500 2005=100 in Apr 2016. This records an increase from the previous number of 94.400 2005=100 for Mar 2016. Japan Input Price Index: Mfg: Real Estate (RE) data is updated monthly, averaging 99.250 2005=100 from Jan 2005 (Median) to Apr 2016, with 136 observations. The data reached an all-time high of 104.700 2005=100 in Jan 2009 and a record low of 93.500 2005=100 in Apr 2015. Japan Input Price Index: Mfg: Real Estate (RE) data remains active status in CEIC and is reported by Bank of Japan. The data is categorized under Global Database’s Japan – Table JP.I293: Input Price Index: Gross Weighted: 2005=100: Major Commodity.

In November 2024, the preliminary residential property price index in Japan stood at 141.3. After declining to 111.6 points in July 2020 following the outbreak of the coronavirus (COVID-19) pandemic, the index has recovered and reached a peak in November 2024. The residential property price index comprises residential land, detached houses, and condominiums.

Japan SPPI: Real Estate Services (RE) data was reported at 100.000 2010=100 in Jun 2018. This records an increase from the previous number of 99.800 2010=100 for May 2018. Japan SPPI: Real Estate Services (RE) data is updated monthly, averaging 96.600 2010=100 from Jan 2010 (Median) to Jun 2018, with 102 observations. The data reached an all-time high of 101.800 2010=100 in Jan 2010 and a record low of 93.100 2010=100 in Sep 2013. Japan SPPI: Real Estate Services (RE) data remains active status in CEIC and is reported by Bank of Japan. The data is categorized under Global Database’s Japan – Table JP.I042: Service Producer Price Index (SPPI): 2010=100.

Japan SPPI: ECT: RE: Real Estate Rental data was reported at 97.200 2010=100 in Jun 2018. This records an increase from the previous number of 97.000 2010=100 for May 2018. Japan SPPI: ECT: RE: Real Estate Rental data is updated monthly, averaging 94.950 2010=100 from Jan 2010 (Median) to Jun 2018, with 102 observations. The data reached an all-time high of 101.800 2010=100 in Jan 2010 and a record low of 93.100 2010=100 in Sep 2013. Japan SPPI: ECT: RE: Real Estate Rental data remains active status in CEIC and is reported by Bank of Japan. The data is categorized under Global Database’s Japan – Table JP.I042: Service Producer Price Index (SPPI): 2010=100.

Japan JP: Standardised Price-Income Ratio: sa data was reported at 89.185 Ratio in 2023. This records an increase from the previous number of 87.364 Ratio for 2022. Japan JP: Standardised Price-Income Ratio: sa data is updated yearly, averaging 113.334 Ratio from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 163.015 Ratio in 1973 and a record low of 73.387 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 2023, the existing home sales index in Japan stood at 116.8 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 an average home fully depreciates within 30 years. 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 62 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.

Japan CSPI: RES: Rent Paid on Real Estate data was reported at 107.700 1990=100 in Oct 1999. This records a decrease from the previous number of 107.800 1990=100 for Sep 1999. Japan CSPI: RES: Rent Paid on Real Estate data is updated monthly, averaging 108.300 1990=100 from Jan 1985 (Median) to Oct 1999, with 178 observations. The data reached an all-time high of 116.600 1990=100 in Dec 1993 and a record low of 77.500 1990=100 in Feb 1985. Japan CSPI: RES: Rent Paid on Real Estate data remains active status in CEIC and is reported by Bank of Japan. The data is categorized under Global Database’s Japan – Table JP.I047: Corporate Service Price Index: 1990=100.

Graph and download economic data for Consumer Price Index: OECD Groups: Housing: Total for Japan (JPNCPGRHO01GPQ) from Q2 1970 to Q2 2021 about Japan, CPI, price index, indexes, and price.

Graph and download economic data for Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing Excluding Imputed Rentals for Housing for Japan (JPNCPGRHO02IXOBM) from Jan 1970 to Jun 2021 about imputed, rent, Japan, CPI, price index, indexes, and price.

Japan TIAI: sa: Real Estate data was reported at 109.300 1995=100 in Mar 2004. This records an increase from the previous number of 104.100 1995=100 for Feb 2004. Japan TIAI: sa: Real Estate data is updated monthly, averaging 101.000 1995=100 from Jan 1992 (Median) to Mar 2004, with 147 observations. The data reached an all-time high of 110.700 1995=100 in Jan 2004 and a record low of 83.900 1995=100 in Jan 1992. Japan TIAI: sa: Real Estate data remains active status in CEIC and is reported by Ministry of Economy, Trade and Industry. The data is categorized under Global Database’s Japan – Table JP.B053: Tertiary Industry Activity Index: Seasonally Adjusted: 1995=100.

Graph and download economic data for Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Services Less Housing for Japan (JPNCPGRLH01IXOBM) from Jan 1970 to Jun 2020 about Japan, services, CPI, price index, indexes, and price.