In 2024, the average land price in Japan amounted to around 217.1 thousand Japanese yen per square meter. The average land price is based on land price surveys conducted by the Ministry of Land, Infrastructure, Transport, and Tourism and prefectural governments in January and July each year. Japan’s geography The Japanese archipelago consists of the five main islands of Honshu, Hokkaido, Kyushu, Shikoku, and Okinawa in addition to thousands of smaller islands. Together, they cover a surface area of around 378 thousand square kilometers. Three-quarters of the country’s land area is covered by mountains. Forestland and farmland constitute about 78 percent of its landmass, while developed land accounts for five percent. The population of 124 million is concentrated in major cities like Tokyo, which is home to over nine million inhabitants. Urban-rural divide and land prices Owing to an overconcentration of economic activity in Tokyo and other major cities like Osaka and Nagoya, more than half of the population is located in three metropolitan areas. Tokyo and its surrounding prefectures that comprise the Tokyo metropolitan area attract many people from other parts of the country each year, often young individuals seeking jobs or starting university. In contrast, rural regions are confronted with depopulation and economic stagnation. Japan’s urban-rural divide is also reflected in land prices. Tokyo has by far the most expensive land prices. In terms of land price growth, the cities of Sapporo, Sendai, Hiroshima, and Fukuoka have outpaced the Greater Tokyo Area in the past decade.

Graph and download economic data for Producer Price Index by Commodity: Real Estate Services (Partial): Nonresidential Property Sales and Leases Including Land, Brokerage Fees and Commissions (WPU4312) from Dec 2008 to Feb 2025 about land, brokers, fees, nonresidential, leases, real estate, sales, services, commodities, PPI, inflation, price index, indexes, price, and USA.

1. Real estate transaction information includes location, area, total price, etc. 2. This dataset is updated every 10 days.

China Land Price: 36 City: Northeast Area: Industrial data was reported at 605.921 RMB/sq m in Sep 2021. This records an increase from the previous number of 604.591 RMB/sq m for Jun 2021. China Land Price: 36 City: Northeast Area: Industrial data is updated quarterly, averaging 568.000 RMB/sq m from Dec 2008 (Median) to Sep 2021, with 52 observations. The data reached an all-time high of 605.921 RMB/sq m in Sep 2021 and a record low of 499.000 RMB/sq m in Sep 2009. China Land Price: 36 City: Northeast Area: Industrial data remains active status in CEIC and is reported by Ministry of Natural Resources. The data is categorized under China Premium Database’s Price – Table CN.PF: Land Price: Regional: Key City.

Graph and download economic data for Real Residential Property Prices for United States (QUSR628BIS) from Q1 1970 to Q3 2024 about residential, HPI, housing, real, price index, indexes, price, and USA.

Tokyo's district Chuo had the highest average official land price in 2024, with about 8.38 million Japanese yen per square meter. Next to Chiyoda, Shibuya, Minato, and Shinjuku, Chuo is one of five central business districts in Japan's capital.

Average house prices are derived from data supplied by the mortgage lending agencies on loans approved by them rather than loans paid. In comparing house prices figures from one period to another, account should be taken of the fact that changes in the mix of houses (incl apartments) will affect the average figures. The most current data is published on these sheets. Previously published data may be subject to revision. Any change from the originally published data will be highlighted by a comment on the cell in question. These comments will be maintained for at least a year after the date of the value change. National and Other Areas figure changed for 2015Q4 on 27/6/15 as revised data received from Local Authorities (includes houses and apartments measured in €)

In 2024, the average land price in Okinawa Prefecture was about 124.9 thousand Japanese yen per square meter, up from around 118.5 thousand yen per square meter in the previous year. Okinawa recorded the highest growth in official residential land prices in the same year.

Land Price: Hangzhou data was reported at 22,329.990 RMB/sq m in Sep 2021. This records an increase from the previous number of 22,239.000 RMB/sq m for Jun 2021. Land Price: Hangzhou data is updated quarterly, averaging 11,861.000 RMB/sq m from Mar 2004 (Median) to Sep 2021, with 71 observations. The data reached an all-time high of 22,329.990 RMB/sq m in Sep 2021 and a record low of 1,827.000 RMB/sq m in Dec 2005. Land Price: Hangzhou data remains active status in CEIC and is reported by Ministry of Natural Resources. The data is categorized under China Premium Database’s Price – Table CN.PF: Land Price: City.

Land Price: Xian data was reported at 14,218.000 RMB/sq m in Sep 2021. This records an increase from the previous number of 7,946.000 RMB/sq m for Jun 2021. Land Price: Xian data is updated quarterly, averaging 2,985.000 RMB/sq m from Mar 2004 (Median) to Sep 2021, with 71 observations. The data reached an all-time high of 14,218.000 RMB/sq m in Sep 2021 and a record low of 1,012.000 RMB/sq m in Mar 2004. Land Price: Xian data remains active status in CEIC and is reported by Ministry of Natural Resources. The data is categorized under China Premium Database’s Price – Table CN.PF: Land Price: City.

All execution cases of privately owned land within this jurisdiction are subject to the provisions of the Land Rights Ordinance and its implementing regulations.

Ile-de-France, the region where Paris is located, was the French territory with the highest construction land prices in 2023. The French overseas regions (DROM) ranked third in the list, with an average price of 175 euros per square meter.

In 2025, official land prices in Japan increased by 2.7 percent compared to the previous year. The official land price encompasses residential, commercial, and industrial land, among others.

Land Price: Residential: Qingdao data was reported at 9,359.000 RMB/sq m in Sep 2021. This records an increase from the previous number of 9,216.000 RMB/sq m for Jun 2021. Land Price: Residential: Qingdao data is updated quarterly, averaging 4,428.000 RMB/sq m from Mar 2005 (Median) to Sep 2021, with 67 observations. The data reached an all-time high of 19,191.000 RMB/sq m in Sep 2019 and a record low of 1,510.000 RMB/sq m in Mar 2006. Land Price: Residential: Qingdao data remains active status in CEIC and is reported by Ministry of Natural Resources. The data is categorized under China Premium Database’s Price – Table CN.PF: Land Price: City: Residential.

In 2024, the average land price in Tokushima Prefecture amounted to about 46.2 thousand Japanese yen per square meter, down from 47.5 thousand yen in 2015. Tokushima Prefecture is located on the Japanese island of Shikoku.

United States - Producer Price Index by Industry: Offices of Real Estate Agents and Brokers: Real Estate Brokerage, Nonresidential Property Sales and Leases Including Land Sales and Leases was 139.19300 Index Dec 2006=100 in February of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Offices of Real Estate Agents and Brokers: Real Estate Brokerage, Nonresidential Property Sales and Leases Including Land Sales and Leases reached a record high of 146.58700 in December of 2022 and a record low of 96.30000 in May of 2011. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Offices of Real Estate Agents and Brokers: Real Estate Brokerage, Nonresidential Property Sales and Leases Including Land Sales and Leases - last updated from the United States Federal Reserve on March of 2025.

Graph and download economic data for Residential Property Prices for Morocco (QMAN368BIS) from Q1 2006 to Q2 2024 about Morocco, residential, housing, and price.

Graph and download economic data for Real Residential Property Prices for Euro area (QXMR628BIS) from Q1 1975 to Q3 2024 about Euro Area, Europe, residential, HPI, housing, real, price index, indexes, and price.

Land Price: Residential: Changchun data was reported at 4,084.000 RMB/sq m in Sep 2021. This records an increase from the previous number of 4,056.000 RMB/sq m for Jun 2021. Land Price: Residential: Changchun data is updated quarterly, averaging 2,510.000 RMB/sq m from Mar 2004 (Median) to Sep 2021, with 71 observations. The data reached an all-time high of 8,558.000 RMB/sq m in Sep 2019 and a record low of 1,173.000 RMB/sq m in Mar 2004. Land Price: Residential: Changchun data remains active status in CEIC and is reported by Ministry of Natural Resources. The data is categorized under China Premium Database’s Price – Table CN.PF: Land Price: City: Residential.

Graph and download economic data for Residential Property Prices for Sweden (QSEN368BIS) from Q1 1971 to Q3 2024 about Sweden, residential, housing, and price.