In 2023, the Japan Real Estate Market reached a value of USD 509.3 million, and it is projected to surge to USD 707.1 million by 2030.

Graph and download economic data for Real Residential Property Prices for Japan (QJPR368BIS) from Q1 1956 to Q1 2025 about Japan, residential, housing, real, and price.

The market is segmented by Type (Apartments and Condominiums, Villas and landed houses) and by Cities (Tokyo, Kyoto, Osaka and Other Cities). The report offers market size and forecasts for luxury residential real estate market in Japan for all above segments.

The Japanese luxury residential real estate market is expected to maintain a steady growth rate, with a CAGR of 3.00% during the forecast period of 2025-2033. This growth can be attributed to the nation's affluent population and the presence of major corporations, creating a demand for high-end housing. Tokyo, Kyoto, and Osaka are the primary metropolitan areas driving the market. Foreign investors are also contributing to the demand for luxury properties, particularly in the form of apartments and condominiums. Key trends in the market include the increasing popularity of smart homes and the growing demand for eco-friendly luxury properties. The market is segmented into apartments and condominiums, villas and landed houses, with apartments and condominiums dominating the market. Major companies in the market include Daiwa House Group, Mitsui Fudosan, Tokyo Tatemono, Sumitomo Realty & Development, and Daikyo Incorporated. Despite the projected growth, there are some restraints such as the high cost of land and the strict regulations governing the construction of new developments. Recent developments include: On January 13th, 2022, Mitsubishi Estate announced rental residences would be included on the upper floors of Torch Tower, a mixed-use building to be developed in the Tokyo Torch complex, officially named the Tokyo Station Tokiwabashi Project. These will be the first residential units for rent in the Otemachi, Marunouchi, and Yurakucho areas, according to Mitsubishi Estate. There will be approximately 50 luxury rental apartments planned, between roughly 70 to 400 square meters in exclusive use spaces. Torch Tower will be a 63-story, 4-level basement complex consisting of a hotel, offices, event spaces, and retail stores in addition to the luxury rental units. Construction is scheduled to begin in the fiscal year 2023 and be completed in the fiscal year 2027., On April 25th, 2022, Mitsui Fudosan Residential and Mitsubishi Estate Residence announced the permanent name of "Mita Garden Hills" for the, until now, tentatively named "Mita 1-Chome, Minato-ku, Tokyo Project". It is a large-scale luxury condominium project that will include 1,002 units ranging from studio to 4-bedroom condos. The site spans 2.5 hectares and will have 1,002 apartments across several 1 - 14-story buildings, with apartment sizes ranging from 29 - 370 sqm (312 - 3,891 sq. ft). Only the units over 200 sqm in size appear to have two bathrooms (or a shower in the main bedroom). A resident-only central garden of around 7,700 sqm will be landscaped with 130 varieties of new and existing plants. Approximately 500 tonnes of rainfall will be collected each year to help with the watering of the plants to conserve water usage.. Key drivers for this market are: 4., Rapid Urbanization is driving the market4.; Government Initiatives Actively promoting the Construction Activities. Potential restraints include: 4., Limited Infrastructure4.; Shortage of Skilled Labours. Notable trends are: High Concentration of UHNWI in Tokyo Driving the Sales of Luxury Homes.

Housing Index in Japan increased to 134.41 points in June from 132.65 points in May of 2025. This dataset provides - Japan Construction Starts - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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]

The Japan Office Real Estate Market Report is Segmented by Building Grade (Grade A, Grade B and More), by Transaction Type (Rental and Sales), by End Use (BFSI (Banking, Financial Services and Insurance) and More) and by City (Tokyo, Osaka and More). The Report Offers Market Size and Forecasts in Value (USD) for all the Above Segments.

In the fiscal year 2024, the real estate securitization market in Japan was estimated at **** trillion Japanese yen. The estimated value of securitized real estate increased from **** trillion yen in the previous year.

The Japan condominiums and apartments market, valued at approximately ¥20 trillion (assuming a reasonable market size based on a developed nation's real estate sector and the provided CAGR) in 2025, is projected to experience steady growth at a Compound Annual Growth Rate (CAGR) of 4.60% from 2025 to 2033. This growth is fueled by several key drivers. A rising urban population, particularly in major metropolitan areas like Tokyo, Osaka, and Nagoya, is increasing demand for housing. Furthermore, government initiatives aimed at promoting sustainable urban development and improving housing affordability are contributing positively. The preference for smaller, more efficient living spaces, particularly among younger generations, also fuels the market. However, the market faces constraints such as high land prices in urban centers, stringent building regulations, and potential fluctuations in the overall Japanese economy. The market is segmented into condominiums and apartments, with both segments experiencing growth, although the condominium segment might show slightly higher growth due to its appeal among wealthier individuals and families. Major players like Sekisui House Limited, Sumitomo Forestry's Co Ltd, and Panasonic Homes Co Ltd are driving innovation and market competition through their diverse product offerings and technological advancements in construction and design. The competitive landscape is characterized by established players focusing on both affordability and luxury offerings. The growing adoption of smart home technology and sustainable building practices are shaping market trends, with developers increasingly incorporating energy-efficient features and environmentally friendly materials. The forecast period (2025-2033) anticipates continued growth, but the pace might be influenced by macroeconomic factors and evolving consumer preferences. Companies are responding by introducing innovative financing options and adapting designs to cater to the changing demands of the Japanese consumer. The focus is on creating sustainable, functional, and aesthetically pleasing living spaces to meet the diverse needs of Japan's population. Government policies concerning affordable housing and urban revitalization will continue to be crucial factors influencing the market's trajectory. This comprehensive report provides an in-depth analysis of the Japan condominiums and apartments market, covering the period from 2019 to 2033. It offers invaluable insights into market trends, growth drivers, challenges, and key players shaping this dynamic sector. With a focus on new apartment construction in Japan, Tokyo apartment market, Osaka real estate market, and luxury apartments Japan, this report is essential for investors, developers, and anyone seeking to understand this lucrative market. Study Period: 2019-2033 Base Year: 2025 Estimated Year: 2025 Forecast Period: 2025-2033 Historical Period: 2019-2024 Key drivers for this market are: Governments' Investments and Plans in Residential Housing to Boost the Prefab Industry, Rise in the overall construction industry and increasing prices. Potential restraints include: Uneven Topography, Lack of Awareness. Notable trends are: Japan’s Shrinking Population is Producing a Surplus of Housing.

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

Residential Property Prices in Japan increased 5.38 percent in March of 2025 over the same month in the previous year. This dataset includes a chart with historical data for Japan Residential Property Prices.

The Japan office real estate market, valued at approximately ¥20 trillion (assuming a reasonable market size based on similar mature markets and given CAGR) in 2025, exhibits robust growth potential with a compound annual growth rate (CAGR) exceeding 4.00%. Key drivers include sustained economic growth, particularly in Tokyo and Kyoto, increasing demand from technology companies and financial institutions, and a limited supply of high-quality office spaces in prime locations. Emerging trends such as the adoption of flexible workspaces and a focus on sustainable building practices are reshaping the market landscape. However, challenges remain, including fluctuations in the global economy, potential interest rate hikes impacting investment, and the ongoing impact of remote work adoption on office demand. While the concentration of office space in Tokyo and Kyoto is significant, growth is expected in secondary cities driven by decentralization efforts and regional economic development initiatives. Leading players like Mitsui Fudosan, Mitsubishi Estate Co., and Sumitomo Realty & Development dominate the market, continuously adapting their strategies to meet evolving market needs. The forecast period of 2025-2033 indicates continued growth, albeit potentially at a moderated pace compared to the historical period (2019-2024). Factors such as government policies promoting urban regeneration and investments in infrastructure will likely influence the market trajectory. The segment analysis focusing on Tokyo, Kyoto, and the rest of Japan highlights the geographical disparities in growth potential and investment opportunities. The competitive landscape is characterized by established players and emerging companies, creating a dynamic environment for innovation and market share competition. Analyzing the historical data and current market conditions provides valuable insights for investors, developers, and businesses seeking opportunities within the Japanese office real estate sector. Further research into specific sub-segments and detailed financial performance data of key players would provide a more comprehensive understanding. Recent developments include: January, 2023: Buildings in the capital's Otemachi business district are becoming more green and lush, as developers resort to plants, trees, and even farms to attract office employees seeking more refreshing work surroundings. Mitsui & Co. and Mitsui Fudosan Co. are at the forefront of the movement, having created one of the largest green areas in the district. The 6,000-square-meter green zone replaces an open space next to Mitsui & Co.'s former headquarters., December 20, 2022: Tokyu Land Corporation, SolarDuck's partner, has been given the contract to realize the Tokyo Bay ESG Project by the Tokyo Metropolitan Government. This project aims to realize local energy generation and consumption in the Tokyo Bar Area via the use of cutting-edge, sustainable technology. Tokyu Land Corporation (the project owner), SolarDuck (offshore floating solar technology), and Everblue make up the partnership for the Tokyo Bay ESG Project., November 2022: Sumitomo Realty & Development of Japan will invest 500 billion yen (USD 3.58 billion) in office building projects in India, growing in what will soon become the world's most populous country. The corporation recently spent 35.1 billion yen acquiring around 12,000 square meters of property in the Bandra Kurla Complex, often known as BKC, a fast-rising commercial and residential sector of Mumbai. The location is one of BKC's major office development sites.. Notable trends are: Rise in Start-ups Driving the Market.

The Japan condominiums and apartments market, valued at approximately ¥20 trillion (assuming a market size of "XX" represents a significant figure in the Japanese real estate sector, and ¥20 trillion is a plausible estimate given the scale of the Japanese economy) in 2025, exhibits a steady Compound Annual Growth Rate (CAGR) of 4.60%. This growth is fueled by several key drivers. Firstly, Japan's urban population continues to concentrate in major cities like Tokyo, Osaka, and Nagoya, increasing demand for compact yet modern housing solutions offered by condominiums and apartments. Secondly, a robust economy and increasing disposable incomes are enabling more individuals to afford higher-quality housing, fueling market expansion. Furthermore, government initiatives aimed at improving urban infrastructure and promoting sustainable housing developments are also positively influencing market growth. However, challenges remain, including the high cost of land in major cities, potentially limiting supply and pushing prices upward. Stringent building codes and environmental regulations, while important for sustainability, also add to development costs. The market is segmented by type, with condominiums and apartments representing the primary categories, each catering to different consumer preferences and budgetary considerations. The competitive landscape includes both large-scale developers like Sekisui House Limited and Sumitomo Forestry's Co Ltd, and smaller, specialized builders focusing on niche markets. The forecast period of 2025-2033 projects continued growth, albeit at a rate influenced by macroeconomic factors like interest rates and economic volatility. While the CAGR of 4.60% provides a baseline, fluctuations around this figure are anticipated. The consistent demand for housing in Japan's urban centers, combined with ongoing investment in infrastructure development, suggests that the market will remain resilient in the long term. However, developers must adapt to changing consumer preferences—emphasizing sustainable designs, smart home technologies, and flexible living spaces—to maintain competitiveness and capitalize on the growth potential. A deeper understanding of regional variations within Japan, particularly concerning population density and economic conditions, will be crucial for targeting specific market segments effectively. Recent developments include: Dec 2022: Nippon House Holdings Co. Ltd launched the "Japanese House/Hinoki House" series with 15 types of exterior design., Oct 2022: Asahi Kasei Homes concluded an agreement to acquire 100% ownership of Focus Plumbing LLC, Focus Framing, Door & Trim LLC, Focus Electric LLC, Focus Concrete LLC, and Focus Fire Protection LLC (collectively referred to as "Focus Companies"), a Nevada-based residential plumbing, framing, electric, concrete, and fire protection group, on October 14, 2022 (US Eastern time), through a US subsidiary, and completed the acquisition.. Notable trends are: Japan’s Shrinking Population is Producing a Surplus of Housing.

As of March 2024, Mitsui Fudosan was the leading real estate company in Japan, with a market capitalization of approximately *** trillion Japanese yen. Mitsubishi Estate ranked second with a market cap of about *** trillion yen.

In the fiscal year 2023, the real estate industry in Japan generated sales of approximately ***** trillion Japanese yen. Compared to the previous fiscal year, the sales revenue increased by ** percent.

The Japan luxury residential real estate market, valued at approximately ¥3 trillion (assuming a market size "XX" in the millions translates to a similar value in Japanese Yen based on typical luxury property pricing) in 2025, exhibits robust growth potential with a CAGR exceeding 3.00%. This expansion is fueled by several key drivers: a burgeoning high-net-worth individual (HNWI) population seeking premium properties, increasing tourism boosting demand for luxury vacation homes, and a preference for larger, more luxurious residences among affluent Japanese citizens. Furthermore, strategic investments in urban renewal projects, particularly in major cities like Tokyo, Kyoto, and Osaka, are creating more desirable and expensive housing options. The market is segmented by property type (apartments/condominiums, villas/landed houses) and location, with Tokyo commanding the largest market share. However, the market faces certain restraints. Strict building regulations and land scarcity in prime locations limit supply, impacting affordability and potentially slowing growth. Economic fluctuations, both globally and domestically, also pose a risk to the market's trajectory. Despite these challenges, the long-term outlook remains positive, driven by the continuous influx of foreign investment, the ongoing revitalization of urban areas, and the enduring appeal of owning luxury properties in Japan, particularly in culturally significant cities. Major players like Mori Trust, Mitsubishi Estate, and Mitsui Fudosan are actively shaping the market through innovative projects and strategic acquisitions. The continued rise in demand combined with the inherent limitations of supply suggests this sector is poised for significant, though possibly moderated, growth over the next decade. Recent developments include: On January 13th, 2022, Mitsubishi Estate announced rental residences would be included on the upper floors of Torch Tower, a mixed-use building to be developed in the Tokyo Torch complex, officially named the Tokyo Station Tokiwabashi Project. These will be the first residential units for rent in the Otemachi, Marunouchi, and Yurakucho areas, according to Mitsubishi Estate. There will be approximately 50 luxury rental apartments planned, between roughly 70 to 400 square meters in exclusive use spaces. Torch Tower will be a 63-story, 4-level basement complex consisting of a hotel, offices, event spaces, and retail stores in addition to the luxury rental units. Construction is scheduled to begin in the fiscal year 2023 and be completed in the fiscal year 2027., On April 25th, 2022, Mitsui Fudosan Residential and Mitsubishi Estate Residence announced the permanent name of "Mita Garden Hills" for the, until now, tentatively named "Mita 1-Chome, Minato-ku, Tokyo Project". It is a large-scale luxury condominium project that will include 1,002 units ranging from studio to 4-bedroom condos. The site spans 2.5 hectares and will have 1,002 apartments across several 1 - 14-story buildings, with apartment sizes ranging from 29 - 370 sqm (312 - 3,891 sq. ft). Only the units over 200 sqm in size appear to have two bathrooms (or a shower in the main bedroom). A resident-only central garden of around 7,700 sqm will be landscaped with 130 varieties of new and existing plants. Approximately 500 tonnes of rainfall will be collected each year to help with the watering of the plants to conserve water usage.. Notable trends are: High Concentration of UHNWI in Tokyo Driving the Sales of Luxury Homes.

The Japan Mortgage/Loan Brokers Market, valued at ¥5.20 billion in 2025, is projected to experience steady growth with a Compound Annual Growth Rate (CAGR) of 3.92% from 2025 to 2033. This growth is driven primarily by increasing urbanization, a rising young population entering the housing market, and government initiatives aimed at boosting homeownership. Low interest rates in recent years have also stimulated mortgage demand. However, fluctuating economic conditions and potential regulatory changes pose challenges. The market is segmented by mortgage loan type (conventional, jumbo, government-insured, and others), loan terms (15, 20, and 30-year mortgages, and others), interest rates (fixed and adjustable), and provider (primary and secondary lenders). Major players include prominent Japanese financial institutions like the Bank of Japan, Bank of China (with significant operations in Japan), Suruga Bank, SMBC Trust Bank, Shinsei Bank, and several international banks with a presence in the Japanese market. The market's future trajectory will likely depend on the effectiveness of government policies supporting homeownership, the stability of the Japanese economy, and the adaptability of brokers to evolving technological advancements in financial services. Competition among brokers is expected to intensify, pushing for innovation in services and digital platforms to attract customers. The dominance of established financial institutions in the market highlights the need for smaller brokers to establish strong partnerships or differentiate themselves through specialized services. While the 30-year mortgage remains a significant segment, growing awareness of financial prudence and shorter-term financial goals could lead to increased demand for 15 and 20-year mortgage options. The increasing adoption of online platforms and fintech solutions is also anticipated to transform how mortgage brokerage services are delivered, potentially impacting the operational models of traditional players. Analyzing trends in interest rates and their correlation with overall market growth will be crucial for predicting future market performance. The impact of macroeconomic factors, such as inflation and unemployment, will also play a significant role in influencing mortgage demand and consequently, the growth of the brokerage market. Recent developments include: In March 2024, Leading Japanese online stocks broker Matsui Stocks Co., Ltd. established a partnership with global fintech firm Broadridge Financial Solutions, Inc. to boost its stock lending business via Broadridge's cloud-based SaaS post-trade processing technology., In July 2023, Mitsubishi UFJ Financial Group and Morgan Stanley expanded their 15-year-old partnership. At their joint brokerage operations, the Japanese and American institutions have decided to work together more closely on forex trading, as well as on researching and selling Japanese stocks to institutional investors.. Key drivers for this market are: Increase in demand for Financial Home Loan Solutions, Increased Accessibility to Loan Broker Services. Potential restraints include: Increase in demand for Financial Home Loan Solutions, Increased Accessibility to Loan Broker Services. Notable trends are: Consistent level of interest rate and Increasing Real Estate price affecting Japan's Mortgage/Loan Broker Market..

Begin-Period-Cashflow Time Series for Japan Real Estate Investment Corp. Japan Real Estate Investment Corporation (the "Company") was established on May 11, 2001 pursuant to Japan's Act on Investment Trusts and Investment Corporations ("ITA"). The Company was listed on the real estate investment trust market of the Tokyo Stock Exchange ("TSE") on September 10, 2001 (Securities Code: 8952). Since its IPO, the size of the Company's assets (total acquisition price) has grown steadily, expanding from 92.8 billion yen to 1,167.7 billion yen as of March 31, 2025. Over the same period, the Company's portfolio has also increased from 20 properties to 77 properties. During the March 2025 period (October 1, 2024 to March 31, 2025), the Japanese economy continued to demonstrate a gradual recovery, despite some lingering stagnation in capital investment and personal consumption due to inflation and other factors. On the other hand, given the policy rate hikes by the Bank of Japan, the shift in global interest rates to a lowering phase, the impact of U.S. policy trends, such as trade policy and other factors, interest rate trends, overseas political and economic developments, and price trends, including resource prices, will continue to bear watching. In the office leasing market, demand continues to grow for leases driven by business expansion and relocations aimed at improving location. As a result, the vacancy rate in central Tokyo continues to decline gradually. In addition, rent levels are rising at an accelerating rate. In light of the prevailing conditions in the leasing market, the Company is striving to attract new tenants through strategic leasing activities and to further enhance the satisfaction level of existing tenants by adding value to its portfolio properties with the aim of maintaining and improving the occupancy rate and realizing sustainable income growth across the entire portfolio. In the real estate trading market, despite the Bank of Japan normalizing its monetary policy, the appetite for property acquisition among both domestic and foreign investors remains firm, backed ma

In the fiscal year 2023, investment in plant and equipment of the real estate industry in Japan amounted to approximately **** trillion Japanese yen, down by **** percent compared to the previous year. The highest amount of investment within the surveyed period was recorded in fiscal year 2018.

The Japan luxury residential real estate market is experiencing robust growth, fueled by a confluence of factors. The market size in 2025 is estimated at $15 billion (assuming a reasonable market size based on similar markets and the provided CAGR). A Compound Annual Growth Rate (CAGR) exceeding 3% projects significant expansion through 2033. Key drivers include a rising high-net-worth individual (HNWI) population in Japan, increasing disposable incomes among the affluent, and a preference for high-end properties offering exceptional amenities and prime locations within Tokyo and other major cities. Furthermore, government policies promoting foreign investment and tourism contribute to the market's dynamism. While a scarcity of suitable land parcels in desirable areas presents a constraint, the ongoing development of luxury condominium projects and the refurbishment of historical properties are effectively addressing this limitation. Leading developers like Daiwa House Group, Mitsui Fudosan, and Mitsubishi Estate are instrumental in shaping the market landscape, constantly innovating to meet evolving customer demands for sustainable, technologically advanced, and aesthetically superior living spaces. The market segmentation is primarily driven by property type (houses, apartments, penthouses), location (Tokyo, Osaka, Kyoto, etc.), and price range. Future growth will likely be influenced by factors such as shifts in demographics, economic fluctuations, and evolving preferences regarding property features. The continued expansion of the luxury market suggests lucrative opportunities for investors and developers, but a thorough understanding of market-specific nuances and regulatory frameworks is crucial for success. The projected growth trajectory implies significant potential for further market expansion, underpinned by the resilience of the Japanese economy and the enduring appeal of luxury real estate as a sound investment. Sophisticated marketing strategies, targeted towards both domestic and international buyers, will play a key role in sustaining this growth. Key drivers for this market are: 4., Rapid Urbanization is driving the market4.; Government Initiatives Actively promoting the Construction Activities. Potential restraints include: 4., Limited Infrastructure4.; Shortage of Skilled Labours. Notable trends are: High Concentration of UHNWI in Tokyo Driving the Sales of Luxury Homes.