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The Ministry of Land, Infrastructure, Transport and Tourism (MLIT) announced on January 30th updated 2025 full-year and December 2025 monthly housing starts statistics. The number of housing starts nationwide in 2025 totaled 740,667 units, down 6.5%, marking the third consecutive annual decline. Total floor area of housing starts fell 6.6% to 56.89 million square meters, extending its decline to a fourth straight year. Breakdown by Ownership Type By category, all segments rec

Tokyo Kantei released the results of its analysis of condominium housing stock nationwide on January 29th. The survey counted every condominium unit that had been built and still exists as of December 31, 2025. This includes unsold units and shared spaces such as meeting rooms that are legally registered as part of a condominium. Buildings that had already been torn down were excluded. Wix AI image using the prompt "Japan condominiums" using a Fantasy filter. All rights rese

The Japanese yen is moving again, and its swings are starting to affect everyday headlines as well as global markets. As government warnings, rising prices, and shifting economic policy collide, the ripple effects are being felt across stocks, bonds, and consumer spending. The below Bloomberg Daybreak Asia podcast from January 26th discusses these topics with Kei Okamura of Neuberger Berman. Topics Covered Yen Strengthening and Intervention Speculation: The yen’s move to a fi

Tokyo Kantei announced on January 22nd the average prices of existing condominiums in Japan’s three major metropolitan areas and key cities for the full year 2025, calculated on a standard 70-square-meter basis. Chart courtesy of Tokyo Kantei, edited by Patience Realty. In 2025, the average price of existing condominiums in the Greater Tokyo Area (GTA) surged to ¥57.96 million, up 22.1% from the previous year. After posting a 1.1% year-on-year decline in 2024, prices rebounde

Sales of existing condominiums in the Greater Tokyo Area (GTA) continued to increase in December, marking the 14th consecutive month of year-on-year growth, according to data released by the East Japan Real Estate Information Network on January 13th. The GTA consists of Tokyo, Chiba, Saitama and Kanagawa prefectures. A total of 3,975 existing condominiums were sold during the month, representing a 25.9% increase compared with December last year. Graph courtesy of East Japan R