Japan Real House Prices
Quarterly index of residential property prices in Japan in real terms — nominal prices of existing dwellings deflated by the consumer price index — computed by the BIS on a 2010 = 100 basis, with the year-on-year change.
| Indicator | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | Q4-2023 | Q3-2023 | Q2-2023 | Q1-2023 | Q4-2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Real residential property price index | 121.37 | 123.16 | 121.94 | 124 | 118.63 | 121.45 | 121.63 | 122.92 | 118.8 | 120.9 | 121.58 | 122.96 | 119.83 | |
| Real residential property prices, year-on-year change | 2.31 | 1.41 | 0.25 | 0.88 | -0.14 | 0.45 | 0.04 | -0.03 | -0.86 | -0.98 | -0.13 | 1.07 | 3.53 |
Latest reading
Real residential property price index stood at 121.37 in Q4 2025. That is −1.5% from Q3 2025 and +2.3% from a year earlier. The series on this page is quarterly and runs from Q1 1955 to Q4 2025. Source: BIS – Bank for International Settlements (data.bis.org).
- Latest
- 121.37
- Q4 2025
- vs previous period
- −1.5%
- Q3 2025
- vs a year earlier
- +2.3%
About this data
Quarterly index of residential property prices in Japan in real terms — nominal prices of existing dwellings deflated by the consumer price index — computed by the BIS on a 2010 = 100 basis, with the year-on-year change. The nominal index is national statistics's and is published in the house price table.