Our Japan Property Market Report for 2016
A lot has happened this year in Japan's real estate market. We have experienced negative interest rates, record low home loan interest rates, wide currency fluctuations, a boom in foreign tourist numbers, an increased volume of real estate transactions, and a continued increase in property prices.
For ease of reading, we have compiled our market insights into a report:
Japan Property Central 2016 Market Report (3.5mb)
Once again, we have struggled with a very, very small supply of suitable properties this year. We do not see this changing in the near future as the number of new apartments coming onto the market in central Tokyo is dwindling, while re-sales remain limited. Even with growing interest from international buyers, the majority of developers in Japan still build for the domestic market with very few properties designed for foreign tastes and styles.Read more