We bring you the top headlines about real estate in Japan.
Japan’s Land Prices Rise for the Fifth Consecutive Year
— Date: March 17, 2026
— Author: TBS Television, https://newsdig.tbs.co.jp/
— Japan’s official land prices rose for the fifth consecutive year, with the nationwide average across residential, commercial and other land increasing 2.8%. Resort demand pushed residential land sharply higher in places such as Hakuba and Furano, while redevelopment and expectations of further price growth contributed to increases in Tokyo.
Tokyo’s New Condominium Prices Reach a Record ¥265.2 Million
— Date: August 20, 2026
— Author: Fuji Television Economy Department, https://www.fnn.jp/
— The average price of a newly released condominium in Tokyo’s 23 wards reached a record ¥265.2 million in July 2026, up approximately 96% from a year earlier. Large luxury developments, including high-priced tower projects in Minato Ward, helped drive the sharp increase, while rising labor and construction-material costs are expected to keep prices elevated.
Japan Considers Higher Taxes on Short-Term Property Resales to Curb Condominium Prices
— Date: September 4, 2026
— Author: TV Asahi, https://news.tv-asahi.co.jp/
— Japan’s government and ruling parties are considering significantly increasing taxes on profits from short-term sales of land and buildings as condominium prices continue to rise. The Ministry of Land, Infrastructure, Transport and Tourism has called for measures to discourage speculative resales, which are viewed as one factor contributing to higher housing prices.
Greater Tokyo Used Condominium Prices Reach a Record High
— Date: July 23, 2026
— Author: Fuji Television Economy Department, https://www.fnn.jp/
— The average price of a 70-square-meter used condominium in the Greater Tokyo area reached a record ¥74.54 million in June 2026, up 27.4% from the previous year. However, Tokyo’s 23 wards slipped slightly to ¥127.41 million as prices declined in six central wards, suggesting that parts of the extremely expensive central Tokyo market may be beginning to cool.
The Era When Almost Any Japanese Real Estate Investment Made Money May Be Ending
— Date: August 10, 2026
— Author: Forbes JAPAN Editorial Department, https://forbesjapan.com/
— Japan’s real estate market may be entering a new phase after years of strong price appreciation. The average price of new condominiums in Greater Tokyo exceeded ¥100 million in the first half of 2026, while used condominium prices in Tokyo’s six central wards began declining after reaching record levels, suggesting investors may need to become more selective.
Tokyo’s Changing Condominium Boom and the Properties That Can Still Rise
— Date: May 21, 2026
— Author: Yoko Suzuki, https://diamond.jp/
— After years of extraordinary condominium price growth, Japan’s housing market is showing signs of change as some investors retreat and extremely high valuations become harder to sustain. The article examines which condominium properties may continue appreciating and which locations could be vulnerable to falling prices as the market becomes increasingly selective.
Renting Becomes More Attractive as Japanese Condominium Purchase Costs Surge
— Date: August 31, 2026
— Author: Jun Ichii, https://toyokeizai.net/
— A comparison of buying and renting shows that the financial balance has shifted considerably over the past five years as condominium prices have risen. In some cases, monthly rent for the same type of property is now cheaper than mortgage-related ownership costs, strengthening the financial case for renting rather than buying.
Greater Tokyo Used Condominium Prices Continue Rising
— Date: August 31, 2026
— Author: At Home Co., Ltd., https://www.athome.co.jp/
— The average asking price of a used condominium in Greater Tokyo reached ¥59.28 million in July 2026, marking the 24th consecutive month of both monthly and annual price increases. Several areas, including Tokyo, Kanagawa, Saitama and Chiba, reached their highest levels since At Home’s comparable data began in 2017.
Japan’s 2026 Real Estate Market Enters a “New-Build Ice Age”
— Date: January 18, 2026
— Author: Kumiko Yamamoto, https://toyokeizai.net/
— Japan’s housing market is entering what the article describes as a “new-build ice age,”as high construction and land costs constrain the supply of newly built homes. Buyers are increasingly looking toward convenient suburban areas, while smaller and more flexible layouts such as “0LDK” homes are emerging as responses to affordability pressures.
Japan’s Rising Home Prices Make Renting a Better Option for Some Buyers
— Date: July 9, 2026
— Author: Ayumi Tanaka, https://president.jp/
— With new condominium prices in Greater Tokyo around the ¥100 million level and used-property prices continuing to rise, prospective buyers face increasingly difficult decisions about whether to purchase or rent. The article argues that buyers should focus carefully on location and long-term value rather than rushing into the market simply because they fear prices will rise further.