AI Data Insight
In the first quarter of 2026, Japan's nominal private residential investment reached 28,208.4 billion yen, a growth of 2.64% from the previous quarter, setting a new high since the end of 1996. Benefiting from wage increases in the Shunto and deferred housing demand, the Japanese housing market remains hot, but caution is also needed regarding the test to borrowing costs brought about by the Bank of Japan's initiation of a new round of interest rate hikes.