Japan: Residential property Price Index: Composite

Macro

2026-08-01

Description

-

Published by
Japan Real Estate Research Institute (Choice)
Frequency
Monthly
Next Update

AI Data Insight

Japan's comprehensive residential property price index edged up to 146.72 in Q2 2026, nearly flat compared to the previous value of 146.70, indicating that the housing market has entered a high-level consolidation range after experiencing a significant surge. Benefiting from foreign capital injections and rigid demand in metropolitan areas, Japan's real estate overall remains resilient; however, the Bank of Japan (BOJ) raising the benchmark interest rate to 1% and pushing up mortgage costs is gradually suppressing the willingness of domestic owner-occupier buyers to chase higher prices.

AI Data Insight

Japan's comprehensive residential property price index edged up to 146.72 in Q2 2026, nearly flat compared to the previous value of 146.70, indicating that the housing market has entered a high-level consolidation range after experiencing a significant surge. Benefiting from foreign capital injections and rigid demand in metropolitan areas, Japan's real estate overall remains resilient; however, the Bank of Japan (BOJ) raising the benchmark interest rate to 1% and pushing up mortgage costs is gradually suppressing the willingness of domestic owner-occupier buyers to chase higher prices.

Description

-

Published by
Japan Real Estate Research Institute (Choice)
Frequency
Monthly
Next Update