AI Data Insight
In Q2 2026 (May), the average housing expenditure per household in Japan recorded 18,794 yen, falling 8.9% from the previous value of 20,641 yen, and declining 5.5% compared to the same period last year. Although the data shows a pullback due to seasonality and base effect factors, external estimates also indicate that broad housing costs are rigid; as the Bank of Japan initiates its rate hike cycle, the mortgage pressure on highly indebted households will remain a major risk suppressing consumption in the future.