AI Data Insight
In Q2 2026, the average monthly housing expenditure for Japanese households of two or more people reached 20,641 yen, a steady climb from 19,441 yen in the previous quarter. Although Japan's overall household consumption has declined for five consecutive months, the demand for home repairs, such as bathrooms and kitchens, has grown significantly, becoming an important pillar of domestic demand. As the effects of the Shunto wage hikes materialize, short-term housing-related consumption is expected to maintain its momentum, though attention must be paid to the crowding-out risks posed by the Bank of Japan's potential interest rate hikes.