Japan: monthly residential property price index 2023

In December 2023, the preliminary residential property price index in Japan stood at 137.1. After declining to 111.6 points in July 2020 following the outbreak of the coronavirus (COVID-19) pandemic, the index recovered and reached a peak in December 2023.

The residential property price index comprises residential land, detached houses, and condominiums.

Monthly residential property price index in Japan from January 2019 to December 2023

Characteristic	Residential property price index (2010=100)
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Release date

March 2024

More information

Region

Japan

Survey time period

January 2019 to December 2023

Special properties

2010 as base year with an index of 100; seasonally adjusted figures

Supplementary notes

*Preliminary figures.

Residential property includes residential land, detached houses, and condominiums.

The index is calculated on the basis of data collected through the System to Provide Real Estate Transaction Price Data (Land General Information System) operated by the Ministry of Land, Infrastructure, Transport and Tourism. It is based on transactions between private entities.

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