Manya Rathore
Research expert covering India
Residential real estate in Japan - statistics & facts
Prices for new condominiums in Japan have been on a significant upward trend, with cities like Tokyo and Osaka seeing the highest increases. The price growth has not only been fueled by higher construction costs and declining supply but also by demand for luxury apartments from overseas investors. This trend is making homeownership for young people in big cities increasingly unaffordable and has resulted in a rise in used home sales.
