According to the Real Estate Economic Institute, the median price of a brand new apartment in greater Tokyo between January and September 2016 was 50,800,000 Yen, up 5.9% from 2015 and up 37.7% from 10 years ago.
The median price for the Kinki region (Osaka, Hyogo, Kyoto, Shiga, Nara and Wakayama) was 37,300,000 Yen, up 3.1% from 2015 and up 18.4% from 10 years ago. In Osaka city, the median price was 33,100,000 Yen, down 3.5% from 2015. Kyoto city, meanwhile, recorded a 12.8% increase in the median price of new apartments over the past year. Prices are now up 69% from 2005.
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