Japan’s latest land price survey shows nationwide land values have risen for the fifth consecutive year, with urban housing demand keeping the real estate market active—particularly in Tokyo and Osaka.

TOKYO, JAPAN (MERXWIRE) – Japan’s land prices have increased for the fifth consecutive year, according to the latest government survey, highlighting continued strength in the country’s real estate market. The upward trend is largely driven by sustained demand in major urban areas.

The government conducts an annual land price survey based on values as of January 1. This year’s survey covered approximately 26,000 locations nationwide, with the results officially released on the 17th.

On average, land prices rose by 2.8% compared to the previous year. The increase marks the fifth straight year of growth, reflecting a steady recovery and ongoing demand in the property market.

Residential land prices saw particularly notable gains, especially in major metropolitan areas such as Tokyo and Osaka. The concentration of population in urban centers continues to push housing demand higher.

In Tokyo and other key regions, newly built condominiums priced above 100 million yen are selling briskly. Despite the high costs, strong sales indicate that buyers remain confident in the long-term value of property investments.

A dual-income couple in their 30s living in Tokyo said, “Although prices are high, we decided to purchase a condominium considering the convenience of commuting and the potential for future resale.” Real estate companies note that most buyers are working couples between their 30s and 50s, reflecting a growing emphasis on accessibility and long-term asset planning.