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Should You Postpone a Property Tour on a Rainy Day? Criteria and Checkpoints

Admin — Mon, 13 Jul 2026 09:43:44 GMT

You can’t truly understand a home just by looking at it on a sunny day.

To put it simply, unless there’s a typhoon or a heavy rain warning, there’s no need to postpone a property viewing. In fact, it’s one of the few opportunities to check for a home’s weaknesses—such as drainage issues, signs of leaks, indoor humidity, and the sound of rain—that are hard to spot on sunny days.Before you get disappointed when you see a rain symbol in the weather forecast, keep in mind that there are things you can only see on a rainy day.

Key Points of This Article

Unless there’s a typhoon or heavy rain that warrants a weather warning, there’s no need to postpone a property viewing.
Rainy days allow you to check for weaknesses—such as drainage, leaks, humidity, and household noises—that are hard to detect on sunny days.
Conversely, since it’s harder to assess sunlight, views, and the exterior’s appearance on rainy days, you’ll want to view properties you like on a sunny day as well.
Under the Housing Quality Assurance Act, new homes are covered by liability for non-conformity with the contract for 10 years from the date of handover, while used homes are covered for at least 2 years from the date of handover if the seller is a licensed real estate agent (for private sales between individuals, this depends on the terms of the contract).

Table of Contents

I.Should You View a Property on a Rainy Day? Guidelines for Deciding
II.What You Can Learn from a Property Tour on a Rainy Day
III.Things That Are Hard to Assess During a Property Tour on a Rainy Day
IV.7 Key Points to Check on a Rainy Day
V.Useful Items to Bring
VI.Why You Should View Properties You Like on Sunny Days, Too
VII.Summary
VIII.Frequently Asked Questions

CHAPTER I

Should You View a Property Even on a Rainy Day? Guidelines for Deciding

If it’s just a normal rain, you should go ahead with the viewing as scheduled. This is because any flaws in the building, the lot, or the surrounding area are actually easier to spot when it’s raining. However, depending on the weather, it might be better to reschedule.

Let’s Go! Normal Rain or Light Rain: An Opportunity to Check for Weaknesses in the Property

Attendons: Typhoons or Heavy Rain with Weather Warnings —Prioritize Safety and Reschedule

When typhoons or heavy rain warnings are in effect, traveling itself can be dangerous. In such cases, don’t take any risks—contact your agent to reschedule.On the other hand, if it’s just a normal rain, you can still tour the property with just an umbrella, and you may even discover details you wouldn’t notice on a sunny day. If you’re unsure, use the warnings and advisories issued by the Japan Meteorological Agency or local authorities as a guide.

CHAPTER II

What You Can Learn from a Property Tour on a Rainy Day

Viewings on rainy days offer insights you won’t get on sunny days. Here are three typical examples.

Drainage on the Property and Surrounding Roads

You can’t verify the drainage of the property, the road in front of it, or your commute route unless it’s raining. Information such as where puddles tend to form after heavy rain or how water flows through gutters and drainage channels cannot be determined from maps or photos alone. Areas where water tends to pool are prone to trapping moisture and may also be more susceptible to insect infestations.For added peace of mind, check the Ministry of Land, Infrastructure, Transport and Tourism’s Hazard Map Portal to confirm that the property is not located in a flood-prone area or a landslide warning zone.

Roof Leaks and Plumbing Issues

Stains on ceilings and walls, as well as water droplets around window frames, are among the most noticeable issues on rainy days. Especially in pre-owned homes, you’ll want to carefully check for any signs of past roof leaks.For new homes, Article 94 of the Act on Promotion of Ensuring Quality of Housing mandates a 10-year warranty period from the date of handover for parts critical to structural strength and those designed to prevent rainwater infiltration.For pre-owned homes, if the seller is a licensed real estate broker, the Real Estate Transaction Business Act stipulates a liability period for non-conformity with the contract of at least two years from the date of handover. However, in transactions between private individuals, conditions vary depending on the contract terms, so it is essential to confirm these details before signing the contract.

The steps for purchasing a pre-owned home and how it differs from buying a new home are explained in detail in “How to Buy a Pre-Owned Home: Steps Before and After Signing the Contract, and Why It Offers Advantages Over New Construction.”

How Realistically You Hear Rain and Everyday Sounds

The sound of rain, the sound of car tires on a wet road, and the sound of wind and rain coming through ventilation vents are things you hardly notice on a sunny day.How much noise can be heard with the windows closed? How does the sound carry if the property is near a major road or railroad tracks? The impressions you gain here will help minimize any discrepancy between your expectations during the viewing and your actual living experience after moving in.

CHAPTER III

Things That Are Hard to Gauge During a Property Tour on a Rainy Day

While there are many advantages to viewing a property on a rainy day, there are also some drawbacks. If you’re aware of them in advance, you can effectively work around them.

Natural Light and Views

Since sunlight is blocked, it’s difficult to accurately gauge the brightness and sense of openness inside the home, as well as the view from the windows. Since natural light is often a key factor in choosing a home, if you find a property that catches your eye, I recommend viewing it again on a sunny day.

First Impressions

Under cloudy skies, a property’s charm can easily seem more subdued than it actually is. The impression created by the greenery in the yard and the building’s exterior can change depending on the weather. Seeing what the property looks like on a day other than a rainy one will help you get a better sense of the home as a whole.

CHAPTER IV

7 Checkpoints to Look for on a Rainy Day

Here, we’ve summarized seven specific points you’ll want to check before purchasing. Be sure to inspect not only the interior but also the exterior, surrounding streets, and—if it’s a condominium—the common areas.

Drainage on the Property and in the Parking Lot

If water pools in certain spots every time it rains, not only will minor inconveniences accumulate in your daily life, but it can also lead to damage to the exterior landscaping and the building itself. Check the area where you get in and out of your car, the path to the front door, the yard and exterior landscaping, as well as the gutters and drains to ensure water isn’t overflowing or pooling.

Possible consequences include getting your shoes or pant legs wet every time you get in or out of your car, an increased risk of slipping for young children or elderly family members, and rainwater pooling around exterior walls and the foundation.

Risk of Flooding on the Road in Front of Your Home

It’s important to pay attention not only to the building itself but also to the road in front of it and your daily travel routes. Check whether water is pooling on the road, whether water is flowing through the gutters, and whether there are any low-lying areas nearby. The elevation differences on the road and its tendency to pool water are often things you can only determine by visiting the site on a rainy day. It’s reassuring to cross-check this information with the national hazard map.

For guidance on selecting a lot itself, please refer to “How to Find Land for a Custom-Built Home: Methods, Precautions, and Selection Tips.” For ideas on making the most of a small lot, please see “ Secrets to Living Comfortably on a Small Lot.”

Signs of Leaks and Water Stains

Inside the house, check for stains or signs of mold caused by rainwater intrusion. Areas around window frames and the back of storage spaces are easy to overlook, so be sure to inspect them carefully.

Ceiling: Stains that look like water drips, peeling wallpaper, discoloration

Corner of walls: Darkening, mold, or damp marks

Around Windows and Window Frames: Water droplets, discoloration, damage to woodwork, and deterioration of caulking

Closets and Wardrobes : Stains on back walls or floors, musty odor, dampness

If you’re concerned about the condition of the building itself, the “Complete Guide to Earthquake-Resistant Renovations and Home Inspections” provides a detailed explanation of how to conduct a home inspection.

Indoor Dampness and Odors

On rainy days, humidity rises, making it easier to notice mustiness and a moldy smell indoors. North-facing rooms, storage areas, wet areas (such as bathrooms and kitchens), and the area around the entrance are particularly prone to trapping moisture. Check the air the moment you open the front door, the smell at the back of storage spaces, and how the floors and walls feel to the touch.

Dampness and mold are closely related to a home’s insulation and airtightness. Reading “What Is the Mandatory Compliance with Energy Efficiency Standards? ” alongside this article will deepen your understanding.

Rain Sounds and Everyday Noises

Sounds that are hard to notice during a typical tour—such as rain hitting the roof or eaves, or the sound of tires on a wet road—become more apparent on rainy days. Take a moment to quietly observe how sounds carry when the windows are closed, how they resonate if major roads or train tracks are nearby, and how noise enters through ventilation vents or around air conditioning ducts.

Balcony and Veranda Drainage

In apartments and on balconies or verandas on the second floor or higher, drainage is another key point not to overlook. If leaves or debris clog the drain, water can easily pool, potentially leading to leaks into neighboring units or water seeping into your own home. Check to see if water is pooling in any one spot, if it flows naturally toward the drain, and if the area is easy to use for hanging laundry.

Common Areas of the Apartment Building

When touring an apartment building, be sure to explore not only the interior units but also the common areas.Check whether the entrance floor is slippery, whether rain is blowing into the common hallways and stairwells, whether there are puddles or mud splashes in the bicycle parking area or parking lot, and whether the trash collection area is located in a place that’s easy to use even on rainy days. The little comforts of daily life are actually easier to appreciate on rainy days.

CHAPTER V

Items That Come in Handy

A little preparation can make a big difference in both your comfort and your ability to assess a property during a rainy-day viewing. Packing the following items in your bag will allow you to approach the property with a clear mind.

An umbrella that leaves both hands free, or a folding umbrella and a raincoat
Non-slip shoes—for walking around the exterior to inspect the property
A towel and a spare pair of socks
A smartphone camera—to document any areas that catch your eye
A measuring tape—to visualize furniture placement
Writing utensils and a note summarizing what you want to check

CHAPTER VI

Why You Should View Properties You Like on Sunny Days

Viewing a property on a rainy day is a great way to identify its weaknesses, such as drainage, leaks, humidity, and noise. On the other hand, you can’t fully assess the sunlight, the view, or the bright, inviting impression of the exterior in the rain. If you find a property that truly captures your heart, be sure to visit it again on a sunny day.By seeing the property in both rainy and sunny conditions, you’ll get a more accurate picture of what it’s really like. To avoid thinking, “This isn’t what I expected,” after moving in, it’s worth taking this extra step.

Basics of Viewing a Property

On rainy days, check for issues such as drainage, leaks, dampness, and noise. On sunny days, assess the property’s appeal in terms of sunlight, views, and exterior appearance. For any home that catches your interest, it’s best to visit on both types of days.

If you’re considering a pre-owned single-family home, please also refer to “ What Are the Benefits of Renovating a Pre-Owned Single-Family Home? An Explanation of How to Choose a Property and What to Watch Out for When Buying.”

CHAPTER VII

Summary

Just because it’s raining on the day of your property tour doesn’t mean you need to rush to reschedule. Drainage, signs of leaks, indoor humidity, and the sounds of rain or traffic are clues that are often overlooked on sunny days—and they’re details you can only verify on a rainy day.Using the seven checkpoints introduced here as a guide, be sure to inspect everything from the exterior to the interior and common areas. After that, if you find a property you like, go back to see it again on a sunny day. This thorough process will help ensure you choose a home you won’t regret.

CHAPTER VIII

Frequently Asked Questions

Q. What should I do if a typhoon is approaching on the day of my property viewing?

If a typhoon or heavy rain warning is in effect, the general rule is to reschedule without pushing yourself. Since traveling under such conditions can be dangerous, prioritize your safety and reschedule the viewing once the weather has calmed down. If it’s just normal rain, there’s no need to postpone.

Q. When purchasing a pre-owned home, how many years is the warranty for roof leaks?

If the seller is a licensed real estate broker, the Real Estate Transaction Business Act requires them to provide a warranty period of at least two years from the date of handover for non-conformity with the contract. Any special provisions that are less favorable to the buyer than this are invalid. In private sales between individuals, the existence of a warranty depends on the period and conditions specified in the contract, so be sure to confirm these details before signing.

Q. How many years is the warranty for defects in a new home?

Under Article 94 of the Act on Promotion of Ensuring Quality of Housing, contractors and sellers of new homes are liable for defects in structurally critical components and components designed to prevent rainwater infiltration for 10 years from the date of delivery. This is the minimum period stipulated by law.

Q. Where can I check if a plot of land is prone to flooding?

You can check the Ministry of Land, Infrastructure, Transport and Tourism’s Hazard Map Portal to see if the property falls within any flood-prone areas or landslide-prone areas. Using this information in conjunction with walking the site on a rainy day to observe how water pools will help you make a more accurate assessment of the actual conditions.

Q. Is it okay to take photos or videos during a rainy-day viewing?

In most cases, it’s fine as long as you ask the agent first. Recording areas you’ll want to review later—such as drainage conditions or signs of water leaks—will help when comparing properties. However, you should be mindful of common areas where personal information might be visible.

Q. If I find a property I like during a rainy-day tour, what should I do next?

We recommend visiting the property again on a sunny day to check the sunlight, views, and overall impression of the exterior. After that, it’s a good idea to consult with your agent or a professional about your financial plan and whether a home inspection is necessary.

Further Reading: Related Columns

Schedule an Appointment

To schedule a property tour or for a consultation, contact Jiyu Jutaku

Whether you’re visiting on a rainy day or returning on a sunny one, our staff will be happy to guide you through the property.

Consult via LINE

Please let us know your preferred date and time via our official LINE account.

Reference: Ministry of Land, Infrastructure, Transport and Tourism Hazard Map Portal Site https://disaportal.gsi.go.jp/
e-Gov Law Search: Article 94 of the Act on the Promotion of Quality Assurance for Housing (Housing Quality Assurance Act) https://laws.e-gov.go.jp/law/411AC0000000081
Real Estate Transaction Business Act (Restrictions on Special Provisions Regarding Liability for Non-Conformity in Contracts for the Sale of Existing Housing)
Japan Housing Finance Agency https://www.jhf.go.jp/
This article summarizes general considerations when viewing a property. Details such as the scope and duration of liability for defects and liability for non-conformity, as well as flood risks, vary depending on the specific property and the terms of the contract. When making your final decision, be sure to review the contents of the contract documents and the latest information from public agencies.

7 Housing Companies in the Greater Tokyo Area That Offer One-Stop Consultation Services

Admin — Mon, 13 Jul 2026 09:40:52 GMT

Whether it’s finding land, selling your home, or building a new one, you only need one place to turn for advice.

Search for land on a real estate portal, use a bulk appraisal service to sell your current home, and plan the house at a model home showroom—before you know it, you’re spending every weekend in back-to-back meetings with different companies. The person handling the land doesn’t know your budget for the house, and the person handling the house doesn’t know how the sale is progressing. We often hear complaints about this “multiple-point-of-contact fatigue” from people in the Tokyo metropolitan area who are just starting to think about building a home.Real estate transactions and custom home construction are inherently part of a single, integrated project; the more points of contact there are, the harder it becomes to see the big picture of your budget. In this article, we’ll introduce seven home builders in the Greater Tokyo Area where you can handle everything—from finding land and buying or selling property to consulting on custom home construction—through a single point of contact, along with criteria to help you choose the right one.

Key Points of This Article

The national average cost of purchasing a custom-built home is 61.88 million yen (Ministry of Land, Infrastructure, Transport and Tourism, Reiwa 6 Housing Market Trends Survey). Considering the budget allocation for both land and the building as a single, integrated plan is particularly important when building a home in the Greater Tokyo Area.
The number one reason people who built custom homes cited for their choice was “because it was a trustworthy homebuilder or real estate agent” (55.3%). “Who to entrust the project to” is the deciding factor, even more so than location or price.
When comparing one-stop consultation services, evaluate them based on five key criteria: the level of collaboration between the real estate and construction divisions; the depth of their service coverage; their ability to support financial planning; the quality of their staff; and their exit strategies, including future resale.
Community-based companies and large national firms have different strengths. You should choose based on how well the company fits your specific situation, rather than just its name recognition.

Table of Contents

I.Why a “Single Point of Contact” Makes Sense—The Current State of Home Building as Seen Through Data
II.Five Comparison Criteria to Avoid Regrets
III.7 Home Builders Offering One-Stop Consultations in the Greater Tokyo Area
IV.Quick Reference Chart: How to Choose by Type
V.3 Things to Prepare Before Consulting
VI.Summary
VII.Frequently Asked Questions

CHAPTER I

Why a “Single Point of Contact” Makes Sense—The Current State of Home Building, as Seen Through Data

First, let’s examine official statistics to determine how much funding is required to build a home today. According to the Ministry of Land, Infrastructure, Transport and Tourism’s “Reiwa 6 Housing Market Trends Survey,” the average cost of purchasing a custom-built home is 61.88 million yen (nationwide, including land costs)—the highest among all housing types—with the median cost reaching 50.30 million yen.

Average Purchase Cost by Housing Type (10,000 yen)

Custom-built homes (nationwide) 6,188

Condominiums 4,679

Pre-built single-family homes: 4 ,591

Existing (pre-owned) apartment buildings: 2,919

Existing (pre-owned) single-family homes: 2,917

Source: Compiled independently based on the Ministry of Land, Infrastructure, Transport and Tourism’s “Reiwa 6 Housing Market Trends Survey (Summary of Survey Results).” Figures for custom-built homes are nationwide; figures for other categories are for the three major metropolitan areas.

Land price trends are also worth noting. According to the Reiwa 8 Land Price Announcement published by the Ministry of Land, Infrastructure, Transport and Tourism in March 2026, nationwide land prices rose for the fifth consecutive year across all categories—the overall average, residential areas, and commercial areas—while in the Tokyo metropolitan area, the rate of increase accelerated for all three categories.When building a home in the Tokyo metropolitan area, how wisely one secures land and how one sells their current home at a fair price have become factors that influence the total budget even more than the building plans themselves.

There is another piece of data worth noting. In the same housing market trends survey, when households that built custom homes were asked why they chose to do so, the most common response—at 55.3%—was “because the homebuilder or real estate agent was trustworthy.” It is not location or price, but “who to entrust the project to” that is the deciding factor—this is the real-world experience of those who have built their own homes.

To use an analogy

building a home is like climbing a mountain. It starts with finding a lot—choosing the trailhead—followed by financial planning—preparing your gear—and culminates in the construction of the custom home—reaching the summit.It goes without saying which is more reassuring: a climb where the guide changes partway through, or one where the same guide accompanies you from start to finish. That is precisely why consulting a single point of contact—one well-versed in both real estate transactions and custom home building—is now gaining attention as a rational choice.

CHAPTER II

5 Comparison Criteria to Avoid Regrets

Although the term “one-stop service” is often used, what it actually entails varies greatly from company to company. When comparing service providers, it’s best to evaluate them based on the following five criteria.

Criterion 1: The “Proximity” Between the Real Estate and Construction Divisions Does the group include a real estate brokerage firm, or does the same team handle both the land and the building? The closer the connection, the more likely it is that architectural insights—such as “this kind of house could be built on this lot”—will be incorporated into the land information, leading to faster and more accurate decision-making.

Criterion 2: Depth of Coverage —Do you prioritize the peace of mind that comes with a nationwide presence, or the local market insight of a company deeply rooted in the community? In the highly competitive areas surrounding Tokyo’s 23 wards, companies that deal with local real estate transactions on a daily basis tend to have a stronger grasp of market trends and property information.

Criterion 3: Support for Financial Planning and Mortgages . When land and buildings are contracted separately, financing—such as bridge loans or land-first financing—tends to become complicated. Be sure to confirm whether the agency provides integrated home-buying support, including mortgage consultation.

Criterion 4: Does the Agent Act as a True “Real Estate Agent” ? Do they go beyond simply introducing properties to actively advocate for the buyer’s interests—from analyzing local market trends to assessing disaster risks? A key indicator during the initial consultation is whether they are willing to discuss potential drawbacks.

Criterion 5: Support for “Exit Strategies , ” Including Sales and Relocation Whether you plan to sell your current home to build a new one or move to a different location in the future, if you’re considering such scenarios, it’s reassuring to have a company that can handle real estate brokerage, direct purchases, and rental management.

For detailed guidance on how to choose a plot of land itself , see “ How to Find Land for a Custom-Built Home: Key Points and Considerations.”

CHAPTER III

7 Selected Home Builders Offering One-Stop Consultation in the Greater Tokyo Area

Based on these five key areas, we’ll now introduce seven companies in the Greater Tokyo Area where you can receive comprehensive consultations on both real estate and custom-built homes. For each company, we’ve summarized their key strengths based on information from their official websites.

Jiyu Jutaku Group | One Brand for Every Step of Your Home Journey

Under the “Jiyu Jutaku” brand, the Jiyu Jutaku Group handles everything from custom-built homes and pre-built homes to renovations and real estate sales through a single point of contact.Everything from property searches to consultations on selling or utilizing land can be handled entirely on the same website, and at their showrooms, customers can see, touch, and verify the actual specifications used in their homes. Another key feature is the use of VR for all properties they sell, allowing customers to experience what their home will be like after construction is complete.

Because we are deeply rooted in the local community, a dedicated representative—whom you’ll get to know personally—will accompany you every step of the way, from the land search phase through to completion. We welcome consultations even at the “I haven’t decided on anything yet” stage.

For more details, please refer to “ Jiyu Jutaku Custom-Built Homes ” and “ Real Estate Sales and Land Utilization.”

Sekisui House | An industry leader promoting itself as a “Land Search Concierge”

The company operates a system where a team of home-building professionals is involved from the land search stage onward, carefully selecting and acquiring land based on proprietary criteria such as transportation access, disaster risk, and soil conditions. The group’s Sekisui House Real Estate features a special section titled “Land Where Sekisui House Homes Can Be Built,” enabling seamless coordination within the group between land brokerage and custom home construction.The “Common Stage” residential development, which prioritizes a cohesive streetscape, is also an option. This is ideal for those who value the peace of mind that comes with a major company and access to carefully selected land information.

Daiwa House Industry | “Livness” Offers a Seamless Process from Sale to Relocation

Through its housing stock business brand “Livness,” the company leverages its group network to handle everything from the purchase of pre-owned homes and the sale of real estate to renovations conducted simultaneously with a purchase, as well as the management of rental properties and vacant homes. This system is well-suited for those seeking consultation that includes exit strategies for real estate transactions—such as “I want to sell my current home and rebuild” or “I’m unsure what to do with the land where my parents’ home stands.”

Sumitomo Forestry | Collaboration with Group Real Estate Company “Suminaavi”

Sumitomo Forestry, known for its custom-built wooden homes, has Sumitomo Forestry Home Service—a real estate brokerage within the group—which provides information on purchasing land, single-family homes, and condominiums, as well as sales appraisals, through the real estate information site “Suminaavi.” In addition to brokerage services, the group offers a wide range of services, including the construction of single-family homes and apartment buildings, rental property management, and renovations.This makes it a strong contender for those who are committed to a wooden home and want to entrust the entire process—from finding land onward—to the company.

Misawa Home | 24-Hour Consultation Hotline and Real Estate Subsidiary

The company operates a consultation desk that handles inquiries regarding custom-built homes, the purchase of land and pre-built homes, general real estate matters, and requests for site surveys; its toll-free number is available 24 hours a day, 365 days a year.The group’s Misawa Home Real Estate handles rental property management, pre-owned homes, land, and real estate brokerage, providing home-buying support that leverages the homebuilder’s expertise and network. This is ideal for those who want to handle site surveys and general real estate consultations all in one place.

Open House Group | An Integrated System Specializing in the Greater Tokyo Area, from Land Acquisition to Construction

The group excels at acquiring land in central Tokyo, particularly within the 23 wards, and handles the entire process—from land acquisition and planning/development to design, construction, and sales—in-house.The company has a proven track record in building homes in urban areas that make the most of small lots and also offers custom-built homes with support starting from the land search. This service is a good fit for those who want to “own a single-family home in an area close to the city center while keeping costs down.”

For ideas on building homes on small lots, see “ Secrets to Comfortable Living on a Small Lot.”

Mitsui Home | The Comprehensive Strength of the Mitsui Fudosan Group and “Land Partner”

The company has established a “Land Search Consultation Desk” that offers free consultations on finding land. Through “Land Partner”—a network of reputable real estate agencies with deep local knowledge—it provides comprehensive support from the initial inquiry through contract signing and move-in. Backed by the comprehensive strength of the Mitsui Fudosan Group, this service is ideal for those seeking comprehensive consulting on both land and construction.

CHAPTER IV

Quick Reference Chart: Choosing the Right Type

We’ve organized the strengths of these seven companies based on who they’re best suited for. What matters most isn’t brand recognition, but how well they align with your specific situation.

Jiyu Jutaku Group : Handles custom-built homes, new home sales, renovations, and real estate sales all under a single brand. Ideal for those in the Greater Tokyo Area who want to entrust the entire process—from start to finish—to a personal, face-to-face representative.

Sekisui House : Features a concierge system for finding land and a network of group real estate companies. Ideal for those who value the peace of mind that comes with a major company and access to carefully selected land listings.

Daiwa House Industry : “Livness” handles everything from purchase and sale to renovation and property management. Ideal for those who want to consider selling their current home or moving to a new one as part of a single process.

Sumitomo Forestry : Coordinates with real estate brokerage services through Sumitomo Forestry Home Service’s “Suminaavi.” For those who are committed to a wooden home and want to entrust their land search to the company.

Misawa Home : A 24-hour consultation desk and Misawa Home Real Estate. For those who want to entrust site surveys and general real estate consultations to a single provider.

Open House Group : An integrated system covering everything from land acquisition to design, construction, and sales. For those who want to build a single-family home near the city center at an affordable price.

Mitsui Home : A land search consultation desk and a network of land partners. For those who want comprehensive proposals leveraging the combined strength of the Mitsui Fudosan Group.

According to a survey by the Ministry of Land, Infrastructure, Transport and Tourism, the two main methods used by households purchasing custom-built homes to find a builder were “housing showrooms” (50.8%) and “the Internet” (46.6%), followed by “referrals from acquaintances” (25.1%).We recommend not making a decision based solely on information from showrooms and the internet, but rather consulting in person at a sales office to assess whether you get along with the representative.

CHAPTER V

Three Things to Prepare Before Your Consultation

Since you’re taking the time to consult with a one-stop service, you’ll want to make your first meeting as productive as possible. If you prepare the following three things in advance, the discussion will progress surprisingly quickly.

Share a general idea of your “total budget” with your family

If you decide on an upper limit that combines the cost of the land, the house, and miscellaneous expenses in advance, it will be easier for your consultant to propose realistic combinations of lots and floor plans. As mentioned earlier, the national average cost of purchasing a custom-built home is 61.88 million yen.In the same survey, the number one reason people compromised when choosing a home was “price or rent (higher than expected)” (69.3%). Establishing a clear budget framework from the start is the best way to avoid regrets.

Narrow down your area priorities to “no more than three”

Commute time, school district, distance from your parents’ home—it’s virtually impossible to find a lot that meets all these criteria. If you narrow down your “absolute must-haves” to no more than three and jot them down, the accuracy of the property proposals you receive from your agent will improve dramatically.

Get a clear picture of your current living situation

If you own your home, decide whether to sell or rent it out; if you’re renting, find out when your lease is up. Knowing your deadline for moving will allow you to receive proposals that work backward from your property search and construction schedule. If a sale is involved, there’s an even greater advantage to choosing an agent with expertise in real estate transactions.

For more information on relocating while selling your current home, please also refer to the “Real Estate Sales and Land Utilization for Custom Homes ” page.

CHAPTER VI

Summary

Finding land, buying and selling real estate, building a custom home, and securing a mortgage—the challenges of building a home are all intertwined. That’s precisely why, rather than consulting different parties separately, the fastest route is to discuss “everything” with a single point of contact first. If you can find someone who will help you organize the big picture together, your home-building project will move forward in one fell swoop.Using the five comparison criteria and the characteristics of the seven companies introduced here as a guide, I encourage you to start by visiting the office of a company that interests you. In the Tokyo metropolitan area, where land prices are constantly fluctuating, even the time you spend hesitating is a significant cost.

CHAPTER VII

Frequently Asked Questions

Q. Which should I start first: looking for land or consulting about a custom-built home?

We recommend starting both at the same time. Since the land and the house share the same total budget, if you decide on the land first, you may end up with insufficient funds for the house. If you work with a representative who handles both real estate transactions and custom-built homes, you can work together from the very beginning to determine the allocation between land and house based on your total budget.

Q. What is the average cost of a custom-built home?

According to the Ministry of Land, Infrastructure, Transport and Tourism’s Reiwa 6 Housing Market Trends Survey, the national average cost of purchasing a custom-built home (including land) is 61.88 million yen, with a median of 50.30 million yen. In the Tokyo metropolitan area, where land prices are high, it is not uncommon for costs to exceed these figures. We recommend consulting with a financial expert early on to plan your budget.

Q. Are there any disadvantages to hiring separate companies for the land and the house?

There are three main disadvantages. First, there is often no single point of contact who can oversee the budget allocation for both the land and the house. Second, you will need to coordinate the schedules for the land transfer and the start of construction yourself. Third, the process of securing financing—such as bridge loans or loans for land acquisition—tends to become more complicated.

Q. Can I proceed with selling my current home and building a new one at the same time?

This is possible if you work with a company that handles both real estate sales and construction. By factoring in the expected sale price and timing of the sale when planning the financing and schedule for your new home, you can minimize the gap between moving out of your current home and moving into your new one, as well as any financial discrepancies. A move involving the sale of your current home is precisely the kind of situation where a one-stop consultation offers significant benefits.

Q. Is there a fee for using a one-stop consultation service?

The companies introduced in this article generally have consultation services for home construction and real estate, and initial consultations are typically free. However, since fees may apply during subsequent stages such as site surveys and design, it’s a good idea to confirm during your first consultation exactly when charges will begin.

Further Reading: Related Columns

Schedule an Appointment

Whether you’re looking for land, selling your home, or building a new one, turn to Jiyu Jutaku for all your needs

We especially welcome consultations from those who are still in the “I haven’t decided anything yet” stage. With LINE, you can easily consult with us from your smartphone without worrying about business hours.

Consult via LINE

Add our official LINE account as a friend and let us know your preferences and concerns.

Source: Ministry of Land, Infrastructure, Transport and Tourism, “Reiwa 6 Housing Market Trends Survey: Summary of Results (Excerpt)” https://www.mlit.go.jp/report/press/content/001900652.pdf
Ministry of Land, Infrastructure, Transport and Tourism, “Reiwa 6 Housing Market Trends Survey Report” (June Reiwa 7) 　https://www.mlit.go.jp/report/press/content/001900667.pdf
Ministry of Land, Infrastructure, Transport and Tourism “Reiwa 8 Land Price Announcement” Press Release (March 17, 2026) 　https://www.mlit.go.jp/report/press/tochi_fudousan_kensetsugyo04_hh_000001_00074.html
Sekisui House “Land Search Concierge” https://www.sekisuihouse.co.jp/bunjou/searchland/ / Sekisui House Real Estate “Featured Lots Where You Can Build a Sekisui House Home” https://sumusite.sekisuihouse.co.jp/special/sekisuiland/
Daiwa House Group “What is Livness?” 　https://www.daiwahouse.co.jp/stock/about/index.html
Sumitomo Forestry Home Service https://www.sumirin-hs.co.jp/ / SumiNavi https://www.suminavi.com/
Misawa Home “Housing Consultations” 　https://www.misawa.co.jp/soudan/ 　／　Misawa Home Real Estate　 https://realestate.misawa.co.jp/
Open House https://oh.openhouse-group.com/ / Open House Development “The Home-Building Process” https://kdt.ohd.openhouse-group.com/custom/flow/
Mitsui Home “Tips for Finding Land” https://www.mitsuihome.co.jp/home/tochi_search/ / “Land Partner” https://www.mitsuihome.co.jp/bunjyo/consulting/land.html
The service details for each company featured in this article are based on information published on their official websites as of July 2026. Please be sure to check each company’s official website for the latest service details and terms and conditions. Statistical figures are based on data published by the Ministry of Land, Infrastructure, Transport and Tourism. (Published: July 11, 2026)

April 2026: Greater Tokyo Area Real Estate Market Report

Admin — Mon, 13 Jul 2026 09:38:17 GMT

Prices for Pre-Owned Condos Rise for the 21st Consecutive Month
Newly built single-family homes finally reach the 50 million yen range

· · ·

To Accurately Understand “Current Prices”

“I was just about to start looking for a home, but prices have gone up again”—lately, I’ve been hearing sighs like this more and more often. In fact, in April 2026, the Greater Tokyo Area real estate market saw both pre-owned condos and new single-family homes hit record highs. Every time people see news of rising prices, they wonder, “Is this now out of my reach?”or “If I wait, won’t prices eventually come down?”—and as a result, many people are hesitating to take that first step in their home search. In this article, we’ll accurately analyze the Greater Tokyo Area real estate market as of April 2026 based on publicly available data from three sources—AtHome Lab, East Japan REINS, and Tokyo Kantei—and summarize the key points that prospective homebuyers need to know.

Key Points of This Article

The average price (listing price) of pre-owned condominiums in the Greater Tokyo Area was 56.67 million yen, marking the 21st consecutive month of increases compared to both the previous month and the same month last year (according to AtHome Lab).
The average price (listing price) of new single-family homes in the Greater Tokyo Area is 50.3 million yen, reaching the 50-million-yen range for the first time. This represents a 5.4% increase year-over-year and marks the 20th consecutive month of growth (according to AtHome Lab).
According to transaction data from East Japan REINS, the transaction price for pre-owned condominiums was 53.21 million yen (+5.4%), and the transaction price for pre-owned single-family homes was 41.77 million yen (+9.8%), with both showing an upward trend.
On the other hand, the number of pre-owned condominium sales fell below the previous year’s level for the first time in 18 months, and inventory also increased. A dual trend is beginning to emerge: “Prices are rising, but market activity is slowing slightly.”

Table of Contents

I.The “56.67 Million Yen” Shock—Pre-Owned Condominium Prices Rise for the 21st Consecutive Month
II.Finally Breaking into the 50 Million Yen Range—New Single-Family Homes Cross the “Psychological Barrier”
III.Why Do Prices Keep Rising? The “True Nature of the Price Hikes” Revealed by Official Land Price Announcements
IV.“Listing Prices” vs. “Sale Prices”—Understanding Market Realities Through Data Analysis
V.Price Differences by Region—A Comparison of Tokyo, Kanagawa, Saitama, and Chiba
VI.For Those Thinking About House Hunting Now—3 Preparations to Avoid Regrets
VII.Summary
VIII.Frequently Asked Questions

CHAPTER I

The Shock of “56.67 Million Yen”—Prices for Pre-Owned Condos Rise for the 21st Consecutive Month

Let’s start with the numbers. According to a survey by AtHome Lab, the average price per unit (listing price) for pre-owned condominiums in the Greater Tokyo Area in April 2026 was 56.67 million yen.This marks the 21st consecutive month of increases compared to both the previous month and the same month last year. Furthermore, in four areas—Tokyo (the 23 wards and surrounding areas), Kanagawa Prefecture (Yokohama, Kawasaki, and others), Saitama Prefecture (Saitama City and others), and western Chiba Prefecture—prices have reached their highest levels since records began in January 2017.Furthermore, prices in all eight target areas have exceeded the levels of the same month the previous year for 12 consecutive months, indicating that price increases are spreading across the entire Greater Tokyo Area, not just in certain areas.

To put it another way

, used condominium prices over the past few years have been like riding an escalator that keeps going up. While there may be landings (temporary pauses), they are not moving in the opposite direction.Twenty-one months is roughly equivalent to one year and nine months. For those currently looking for a place to live, this means that the feasibility of the option to “wait until prices eventually fall” is diminishing with each passing year.

CHAPTER II

Finally Breaking into the 50 Million Yen Range—The “Psychological Barrier” That New Single-Family Home Prices Have Crossed

Trends in new single-family homes are also worth noting. According to a survey by AtHome Lab, the average price (listing price) of new single-family homes in the Greater Tokyo Area in April 2026 was 50.3 million yen.This represents a 1.8% increase from the previous month—marking the second consecutive month of growth—and a 5.4% increase year-over-year, marking the 20th consecutive month of growth. This is the first time prices have reached the 50 million yen range since records began.Prices rose in all eight surveyed areas compared to both the previous month and the same month last year—marking the second consecutive month of month-over-month increases and the 13th consecutive month of year-over-year increases.Tokyo (the 23 wards and the rest of the prefecture), Kanagawa Prefecture (Yokohama, Kawasaki, and others), Saitama Prefecture (Saitama City and others), and western Chiba Prefecture all set new record highs since January 2017, with the rest of Tokyo Prefecture setting a new record high for the 14th consecutive month.

A similar trend was confirmed in a survey by Tokyo Kantei. The average price in the Greater Tokyo Area for newly built small single-family homes with land areas of approximately 50–100 square meters rose for the first time in three months to 59.23 million yen as of April 2026, up 0.5% from the previous month.Prices for newly built single-family homes (in the Greater Tokyo Area) with land areas of 100–300 square meters edged down slightly by 0.2% month-over-month to 49.32 million yen, but both surveys show that prices remain at high levels.The figure of 50 million yen indicates that what was previously the market price for “certain central urban areas” is now becoming established as the average for the Greater Tokyo Area.

CHAPTER III

Why Do Prices Keep Rising? The “True Nature of the Price Hikes” Revealed by Official Land Price Announcements

Why do prices continue to rise to such an extent? One factor that cannot be ignored is the rise in land prices themselves.According to the “Reiwa 8 Land Price Announcement” published by the Ministry of Land, Infrastructure, Transport and Tourism in March 2026, land prices nationwide rose for the fifth consecutive year across all categories—the average for all land uses, residential land, and commercial land—while in the Tokyo metropolitan area, the rate of increase expanded across all three categories.

When the cost of acquiring land rises, it not only directly affects the prices of new single-family homes but also ripples through the market sentiment of the entire pre-owned condominium market.It can be said that housing in the Tokyo metropolitan area is currently built upon the foundation of “rising land prices.” However, it is difficult to strictly distinguish the causal relationship between land price increases and individual property prices using numerical data; here, we will limit ourselves to pointing out—as a published fact—that both are moving in the same direction during the same period.

CHAPTER IV

“Listing Prices” and “Sale Prices”—Understanding Market Realities Through Data Analysis

The figures of 56.67 million yen and 50.30 million yen presented so far are both averages of the asking prices—the prices at which sellers indicate they “want to sell” at. So, what about the “transaction prices”—the prices at which actual buyers purchased the properties?According to the preliminary monthly report for April 2026 published by the East Japan Real Estate Information Network (East Japan REINS), the transaction price for pre-owned condominiums in the Greater Tokyo Area was 53.21 million yen, up 5.4% year-over-year, while the transaction price for pre-owned single-family homes was 41.77 million yen, up 9.8% year-over-year.Although the increase is not as significant as that seen in asking prices, prices are steadily rising even on a transaction basis.

However, there is one change that cannot be overlooked. The number of closed deals for pre-owned condominiums stood at 3,903, down 1.2% year-on-year, marking the first decline in 18 months.On the other hand, the number of properties on the market stood at 45,215, a 2.7% increase year-over-year, marking the second consecutive month of growth. In particular, in the 23 wards of Tokyo, the number of transactions fell by 9.0% year-over-year, marking the fourth consecutive month of decline, creating a situation where “prices are rising, but the number of units sold is not increasing.”Conversely, the number of closed deals for pre-owned single-family homes increased by 3.5% year-over-year—the first increase in two months—suggesting a divergence in market trends depending on the type of housing.

According to a survey by Tokyo Kantei, prices for pre-owned single-family homes in the Greater Tokyo Area rose 0.6% month-over-month to 41.39 million yen—the first increase in two months. When cross-referencing multiple sets of statistics, the trend toward “rising prices” is consistent.When looking at these figures, simply being aware of whether the statistics refer to “asking prices” or “sale prices” makes the actual state of the market much clearer.

CHAPTER V

Price Differences by Area—A Comparison of Tokyo, Kanagawa, Saitama, and Chiba Prefectures

Price differences also vary significantly by region. According to transaction data from East Japan REINS, the average transaction price for pre-owned condominiums in April 2026 was 70.18 million yen in Tokyo, compared to 41.35 million yen in Kanagawa Prefecture, 29.13 million yen in Saitama Prefecture, and 29.04 million yen in Chiba Prefecture—a gap of more than double between Tokyo and the other prefectures.In particular, prices in Tokyo’s 23 wards rose to 77.34 million yen, an 8.2% increase compared to the same month the previous year. The transaction price per square meter for the entire Greater Tokyo Area has continued to rise for 72 consecutive months since May 2020, and even when limited to Tokyo’s 23 wards, it has also risen for 72 consecutive months.

Closed Transaction Prices for Pre-Owned Condominiums by Prefecture (April 2026, East Japan REINS)

Tokyo: 70.18 million yen

Kanagawa Prefecture: 41.35 million yen

Saitama Prefecture: 29.13 million yen

Chiba Prefecture: 29.04 million yen

Source: Compiled independently based on the “Monthly Flash Report: Market Watch—Raw Data Edition (April 2026)” by the East Japan Real Estate Distribution Organization (a public interest incorporated foundation). Based on transaction prices.

The same pattern holds true for pre-owned single-family homes. The transaction price in Tokyo was 64.94 million yen, in Kanagawa Prefecture 39.85 million yen, in Chiba Prefecture 28.33 million yen, and in Saitama Prefecture 24.50 million yen.Looking solely at Tokyo’s 23 wards, the price stood at 82.07 million yen, a 20.1% increase year-over-year; the rise in prices for single-family homes in the city center was even greater than that for condominiums.

Closing Prices for Pre-Owned Single-Family Homes by Prefecture (April 2026, East Japan REINS)

Tokyo: 64.94 million yen

Kanagawa Prefecture: 39.85 million yen

Chiba Prefecture: 28.33 million yen

Saitama Prefecture: 24.5 million yen

The reality of today’s Greater Tokyo real estate market is that the perceived price trends vary significantly depending on whether you’re looking at “the city center or the suburbs” and “condominiums or single-family homes.” When comparing areas, it’s important to check not only the average figures but also the specific data for the city, ward, town, or village you’re considering.

CHAPTER VI

To Those Currently Looking for a Home—Three Steps to Prepare So You Won’t Regret It Later

Precisely because prices are on the rise, it’s important to prepare based on facts rather than acting blindly.

Decide “How Much You Can Afford” Before “When to Buy”

The average transaction price per square meter for pre-owned condos has been rising for 72 consecutive months, and based on past trends, there are currently no signs of a significant drop in the short term. Rather than gambling on “waiting for prices to fall,” it’s a more realistic approach to first set your total budget limit and then search for properties that meet your criteria within that range.

Check trends in actual closing prices, not just asking prices

The prices listed on real estate portals are, after all, merely the sellers’ asking prices. By also reviewing data that publishes actual closing prices—such as the monthly flash reports from East Japan REINS—you can gain insight into the room for price negotiation and the prevailing market prices in that area.

Adjust your strategy based on the area and property type (condominium/single-family home)

As we’ve seen, there are significant differences in both price levels and the pace of appreciation between Tokyo’s 23 wards and its suburbs. There are also months when the trends in the number of closed deals for condos and single-family homes move in opposite directions. Rather than relying solely on the “Greater Tokyo Area average,” make it a habit to check the latest data for each specific area and property type you’re considering.

The steps involved in purchasing a pre-owned home are explained in detail in “ How to Buy a Pre-Owned Home: A Guide to the Process Before and After Signing the Contract.”

CHAPTER VII

Summary

In April 2026, the Greater Tokyo Area real estate market saw both used condominiums set a record for the 21st consecutive month of price increases and new single-family homes reach the 50 million yen range for the first time—marking new “record highs” for both.On the other hand, despite the strong price momentum, signs of a shift in market sentiment are beginning to emerge, such as sluggish growth in the number of closed deals and an increase in inventory. By taking into account the differences in asking prices and actual sale prices, as well as variations by area and property type, you should carefully assess the best timing for finding a home that suits your current situation.

CHAPTER VIII

Frequently Asked Questions

Q. What is the difference between the “average price” and the “sale price” of a pre-owned condominium?

The “average price” is the average of the asking prices (sellers’ desired prices) listed on the market, as compiled by organizations such as AtHome Lab.The “sale price” is the average price at which actual sales contracts were concluded, and is compiled by the East Japan Real Estate Information Network (East Japan REINS), a public interest incorporated foundation. Generally, asking prices tend to be slightly higher than sale prices, so comparing the two provides a more accurate picture of market conditions.

Q. Why did the price of new single-family homes exceed 50 million yen?

According to a survey by AtHome Lab, the average price (asking price) of new single-family homes in the Greater Tokyo Area in April 2026 rose 1.8% month-over-month and 5.4% year-over-year, reaching the 50 million yen range for the first time.This trend is likely driven by the continuous rise in land prices indicated in the Ministry of Land, Infrastructure, Transport and Tourism’s “Reiwa 8 Land Price Announcement”; while rising land acquisition costs are thought to be affecting sales prices, it is not possible to strictly quantify the causal relationship between the two.

Q. Why is the number of closed deals for pre-owned condominiums declining?

According to the monthly flash report from East Japan REINS, the number of closed deals for pre-owned condominiums in the Tokyo metropolitan area in April 2026 fell by 1.2% year-on-year, marking the first decline in 18 months. At the same time, the number of units in inventory increased by 2.7% year-on-year.It is possible that rising prices are causing more buyers to postpone purchases or adopt a wait-and-see attitude, but there is no publicly available data to definitively identify the cause, so the reason remains unclear.

Q. Will real estate prices continue to rise in the future?

Judging from past trends, the price per square meter for pre-owned condominium sales has risen for 72 consecutive months, indicating a continuing long-term upward trend. However, it is impossible to accurately predict future price movements. We recommend that you make decisions based on your own circumstances while continuously monitoring the latest published data.

Q. How much of a price difference is there between Tokyo, Kanagawa, Saitama, and Chiba?

According to East Japan REINS transaction data from April 2026, the average price per square meter for pre-owned condominiums was 70.18 million yen in Tokyo, compared to 41.35 million yen in Kanagawa Prefecture, 29.13 million yen in Saitama Prefecture, and 29.04 million yen in Chiba Prefecture.For pre-owned single-family homes, the figures were 64.94 million yen in Tokyo, 39.85 million yen in Kanagawa, 28.33 million yen in Chiba, and 24.50 million yen in Saitama—a price difference of more than double depending on the prefecture.

Further Reading: Related Columns

Schedule an Appointment

With prices on the move right now, start by consulting with Jiyu Jutaku

Why not start by finding out “what’s possible for us given current market conditions”? With LINE, you can easily consult with us from your smartphone without worrying about business hours.

Add our official LINE account as a friend and let us know your preferences and concerns.

Source: At Home Lab Co., Ltd., “Price Trends for Pre-Owned Condominiums in the Greater Tokyo Area (April 2026)” https://www.athomelab.co.jp/report/detail.php?id=582
At Home Lab Co., Ltd., “Price Trends for Newly Built Single-Family Homes in the Greater Tokyo Area (April 2026)” 　https://www.athomelab.co.jp/report/detail.php?id=580
Public Interest Incorporated Foundation East Japan Real Estate Information Network (East Japan REINS), “Monthly Flash Report: Market Watch Summary Report / Raw Data Edition (April 2026)” 　https://www.reins.or.jp/library/
Tokyo Kantei Co., Ltd. “Average Prices of Pre-owned Single-Family Homes,” “Average Prices of New Small-Scale Single-Family Homes,” and “Average Prices of New Single-Family Homes” Press Release (May 11, 2026) 　https://www.kantei.ne.jp/report/
Ministry of Land, Infrastructure, Transport and Tourism “Reiwa 8 Land Price Announcement” Press Release (March 17, 2026) 　https://www.mlit.go.jp/report/press/tochi_fudousan_kensetsugyo04_hh_000001_00074.html
The statistical figures in this article are based on the latest data (for April 2026) released by the above companies and organizations between May and June 2026. As market conditions fluctuate daily, please be sure to check the most recent published information before engaging in actual transactions. (Published: May 24, 2026)

May 2026 Real Estate Market Report

Admin — Mon, 13 Jul 2026 09:31:53 GMT

New Construction Hits Record Highs, While Signs of a Shift Are Emerging in the Pre-Owned Condo Market

· · ·

New-Construction Prices Keep Rising, While the Used Market Begins to Waver: What This Month’s Numbers Tell Us.

“Is now the time to buy a home, or should I wait?”Many people likely find themselves asking this question whenever they see news stories about real estate prices. Whether you’re considering a new home, thinking about selling a pre-owned property to downsize or move to a new place, or planning to build your ideal home from scratch, what you want to rely on is the fact of “what is actually happening right now.”In this article, we’ll analyze the Greater Tokyo Area real estate market data for May 2026, which was released in quick succession in June 2026 by three research organizations: Tokyo Kantei Co., Ltd., the East Japan Real Estate Information Network (East Japan REINS), and AtHome Lab Co., Ltd.Based on the published figures, we’ll examine what was happening in each of the following categories: new single-family homes, pre-owned single-family homes, new small-scale single-family homes, and pre-owned condominiums.

Key Points of This Article

The average price of new single-family homes in the Greater Tokyo Area in May 2026 was 50.43 million yen (Tokyo Kantei, up 2.3% month-over-month), setting a new record high since records began in April 2014.This upward trend is further corroborated by AtHome Lab’s asking price survey, which reported an average of 50.78 million yen (up 6.0% year-over-year, marking the 21st consecutive month of increases).
Prices for pre-owned single-family homes also rose significantly in Tokyo, reaching 75.86 million yen (up 19.5% month-over-month, according to Tokyo Kantei). Data on closed transactions from East Japan REINS also showed an average price of 42.15 million yen in the Greater Tokyo Area (up 8.7% year-over-year), marking the fifth consecutive month of increases.
On the other hand, the average transaction price per square meter for pre-owned condominiums was 807,800 yen/㎡ (East Japan REINS), down 3.9% year-on-year, marking the first year-on-year decline in 73 months since April 2020.However, asking prices (AtHome Lab) have risen for 22 consecutive months, creating a growing gap between sellers’ asking prices and actual transaction prices.
Price trends vary significantly by area. Rather than treating the Greater Tokyo Area as a single entity, it is essential to check the figures for the specific prefectures and areas in which you are interested.

Table of Contents

I.New Single-Family Homes: Record-High Prices Continue; Tokyo’s 23 Wards Up 33.4% Year-Over-Year
II.Pre-owned Single-Family Homes: Tokyo Metropolis Rises 19.5%; Actual Sale Prices Rise for the Fifth Consecutive Month
III.New Small-Scale Single-Family Homes: Tokyo Reaches the 80 Million Yen Range for the First Time
IV.Pre-Owned Condos: Transaction Prices Fall for the First Time in 73 Months, Mismatch with Listing Prices
V.Three Perspectives for Home Buyers Revealed by May’s Figures
VI.Summary
VII.Frequently Asked Questions

CHAPTER I

New Single-Family Homes: Record-High Prices Continue, Up 33.4% Year-Over-Year in Tokyo’s 23 Wards

Let’s start by looking at new single-family homes. According to a press release issued by Tokyo Kantei on June 9, 2026, the average price of new single-family homes (wooden construction, freehold, land area 100–300 m²) in the Greater Tokyo Area (Tokyo, Kanagawa, andChiba Prefecture, and Saitama Prefecture) for new single-family homes (wood-frame, freehold, land area 100–300 m²) was 50.43 million yen, up 2.3% from the previous month. This marks the highest price since records began in April 2014.By prefecture, Tokyo saw a 7.0% month-over-month increase to 63.55 million yen, marking its first rise in three months and a double-digit year-over-year increase. Kanagawa Prefecture also reached a new record high, rising 3.8% month-over-month to 55.16 million yen.On the other hand, Chiba Prefecture saw a 3.5% month-over-month decline to 41.1 million yen, and Saitama Prefecture fell 1.3% month-over-month to 40.58 million yen; however, according to Tokyo Kantei, both figures remain above their average prices for the past three months.

Average Prices of New Single-Family Homes: Greater Tokyo Area by Prefecture (May 2026, in 10,000 yen)

Greater Tokyo Area Average: 5,043

Tokyo Metropolis: 6,355

Kanagawa Prefecture: 5,516

Chiba Prefecture 4,110

Saitama Prefecture 4,058

Source: Compiled independently based on Tokyo Kantei Co., Ltd.’s press release “Average Prices of Newly Built Single-Family Homes” (announced June 9, 2026). Data covers wooden structures, freehold properties, and lots ranging from 100 to 300 square meters.

By major city, the average price in Tokyo’s 23 wards was 114.86 million yen, down 4.2% from the previous month. However, it showed a significant year-over-year increase of 33.4%.This is a rebound from the average price in Tokyo’s 23 wards, which had fallen to the 80 million yen range in May 2025, a point also noted by Tokyo Kantei. In the Tokyo suburbs, the average price rose 7.4% month-over-month to 54.59 million yen, setting a new record high.Yokohama City saw a 2.4% month-over-month increase to 61.81 million yen, marking its fourth consecutive month of growth, while Kawasaki City rose 2.5% month-over-month to 55.85 million yen; both areas are showing steady growth.

This upward trend in new single-family home prices is corroborated by another survey. According to “Price Trends for New Single-Family Homes in the Greater Tokyo Area (May 2026),” published by AtHome Lab Co., Ltd. on June 24, 2026,the average asking price (listing price) for new single-family homes registered and published for consumers in the Greater Tokyo Area was 50.78 million yen, up 1.0% from the previous month—marking the third consecutive month of increases—and up 6.0% year-over-year, marking the 21st consecutive month of increases.The Tokyo 23 Wards recorded a month-over-month increase of 4.0% and a year-over-year increase of 18.6%, both marking the largest increases on record.Seven areas—Tokyo (23 Wards/Suburbs), Kanagawa Prefecture (Yokohama City, Kawasaki City, and others), Saitama Prefecture (Saitama City and others), and western Chiba Prefecture—have set new record highs since January 2017; among these, the Tokyo suburbs have set new record highs for 15 consecutive months.Since both Tokyo Kantei’s data—which reflects actual transactions—and AtHome Lab’s data—which covers the listing stage—point in the same direction, it can be said that the price increase for new single-family homes is not a temporary phenomenon but rather a trend spanning multiple indicators.

CHAPTER II

Existing Single-Family Homes: Tokyo Prefecture Rises 19.5%; Closing Prices Also Rise for the Fifth Consecutive Month

Similar upward pressure to that seen in new homes is also evident in the pre-owned single-family home market.According to a Tokyo Kantei survey, the average price of pre-owned single-family homes in the Greater Tokyo Area (wooden structures, freehold, land area 100–300 m²) in May 2026 rose 2.8% month-over-month to 42.54 million yen, continuing the upward trend from the previous month.By prefecture, Tokyo saw a 19.5% month-over-month increase to 75.86 million yen—its first rise in five months—marking the highest price since records began in April 2014. Chiba Prefecture also continued its upward trend, rising 2.8% month-over-month to 30.16 million yen.On the other hand, Kanagawa Prefecture saw a 1.6% month-over-month decline to 42.43 million yen, marking its third consecutive month of decline; the average age of properties also increased by nearly two years. Saitama Prefecture also fell 6.3% month-over-month to 27.66 million yen, falling below the level recorded in the same month of the previous year.By major city, the average price in Tokyo’s 23 wards rose 22.3% month-over-month to 137.52 million yen—the first increase in five months. Tokyo Kantei analyzed that “high-priced transactions were observed not only in the city center but also in multiple wards, including the Jonan and Josai areas.”

A similar trend can be confirmed in data from East Japan REINS, which compiles actual transaction prices. According to the Monthly Flash Report: Market Watch Summary Report for May 2026, the number of transactions for pre-owned single-family homes in the Greater Tokyo Area was 1,835, up 2.9% year-on-year, marking the second consecutive month of growth.The average transaction price was 42.15 million yen, up 8.7% year-over-year and 0.9% month-over-month, marking the fifth consecutive month of increases.The number of properties on the market stood at 23,087, down 1.7% year-over-year, marking the fourth consecutive month of decline; this suggests a situation where prices are likely to rise as the number of properties for sale gradually decreases.Looking at transaction prices by region (year-over-year), Kanagawa Prefecture saw a 16.4% increase to 44.33 million yen, the 23 wards of Tokyo saw a 14.5% increase to 79.00 million yen, Chiba Prefecture saw an 8.1% increase to 27.04 million yen,Saitama Prefecture at 27.7 million yen (+7.8%), indicating that prices are rising across the entire Greater Tokyo Area.

Year-over-Year Change in Transaction Prices for Pre-Owned Single-Family Homes (May 2026, %)

Kanagawa Prefecture +16.4

Tokyo’s 23 Wards : +14.5

Chiba Prefecture +8.1

Saitama Prefecture +7.8

Tokyo (Overall) +6.7

Source: Compiled independently based on the “Monthly Flash Report: Market Watch Summary Report for May 2026” by the East Japan Real Estate Distribution Organization (a public interest incorporated foundation). Transaction prices for pre-owned single-family homes, year-over-year comparison.

It is interesting to note that while Saitama and Kanagawa Prefectures showed month-over-month declines based on Tokyo Kantei’s asking prices, both prefectures recorded year-over-year increases based on East Japan REINS’ transaction prices. This illustrates a characteristic of the pre-owned housing market, where average prices are prone to fluctuate depending on the quality of properties sold each month (location, age of the building, and floor area).It is essential to look at multiple months and multiple indicators together, rather than getting too caught up in the ups and downs of a single month’s figures.

CHAPTER III

New Small-Scale Single-Family Homes: Tokyo Reaches the 80 Million Yen Range for the First Time

I would also like to touch on “small-scale single-family homes” (with land areas of 50 to less than 100 square meters), which have been increasing in the central Tokyo area in recent years. According to a survey by Tokyo Kantei, the average price of new small-scale single-family homes in the Greater Tokyo Area in May 2026 rose for the second consecutive month, up 5.9% month-over-month to 62.71 million yen.By prefecture, Tokyo saw a month-over-month increase of 7.9% to 83.14 million yen, reaching the 80 million yen range for the first time since records began in April 2014. Saitama Prefecture recorded the largest increase in the Greater Tokyo Area, rising 8.6% month-over-month to 49.08 million yen.Kanagawa Prefecture also saw a 4.0% month-over-month increase to 51.57 million yen, marking its first rise in three months. Although Chiba Prefecture saw a 0.9% month-over-month decline to 46.11 million yen, the price remains above the average for the past three months.

Average Price of New Small-Scale Single-Family Homes: Greater Tokyo Area by Prefecture (May 2026, in 10,000 yen)

Greater Tokyo Area Average: 6,271

Tokyo: 8 ,314

Kanagawa Prefecture: 5,157

Saitama Prefecture 4,908

Chiba Prefecture 4,611

Source: Compiled independently based on the press release “Average Prices of Newly Built Small Single-Family Homes” by Tokyo Kantei Co., Ltd. (released June 9, 2026). The data covers wooden structures, freehold properties, and lots with land areas between 50 and less than 100 square meters.

By major city, the Tokyo 23 Wards saw an 8.7% month-over-month increase to 97.54 million yen, setting a new record high.Tokyo Kantei analyzed that “this was likely driven by rising average prices and an increase in the number of units in the central Tokyo area.” Prices in the Tokyo suburbs also rose by 7.6% month-over-month to 53.78 million yen, reaching the 50-million-yen range for the first time in three months.In Saitama Prefecture, prices rose significantly not only in Saitama City but also in Asaka City and Shiki City, among others. This shows that even for compact new homes with limited land area, prices in areas close to the city center are rising to levels approaching 100 million yen.

CHAPTER IV

Used Condominiums: Transaction Prices Fall for the First Time in 73 Months, Mismatch with Listing Prices

While prices for both new and used single-family homes are generally on an upward trend, a different pattern is beginning to emerge for used condominiums. According to the monthly flash report from East Japan REINS, the number of transactions for used condominiums in the Tokyo metropolitan area in May 2026 was 3,709, a 3.4% year-on-year decrease, marking the second consecutive month of decline.The transaction price per square meter was 807,800 yen, down 3.9% year-on-year, marking the first year-on-year decline in 73 months since April 2020.It also fell sharply by 6.0% month-over-month; according to East Japan REINS, this level is nearly identical to that of November 1990 (801,400 yen per square meter).The average transaction price was 50.67 million yen, down 4.6% year-over-year, marking the first year-over-year decline in 19 months since October 2024.The figure also fell by 4.8% compared to the previous month. Meanwhile, the number of listings stood at 45,804, up 3.4% year-on-year, marking the third consecutive month of increase. This suggests a pattern where the average transaction price is falling amid a growing number of properties for sale.

Trends in Transaction Prices per Square Meter for Pre-Owned Condos in the Greater Tokyo Area (10,000 yen/㎡)

May 2025: 84.06

December 2025 85.08

January 2026: 86.99

March 2026 86.34

April 2026 85.93

May 2026 80.78

Source: Compiled independently based on the “Monthly Flash Report: Market Watch Summary Report for May 2026” by the East Japan Real Estate Distribution Organization (a public interest incorporated foundation). Unit prices per square meter for pre-owned condominium sales in the Greater Tokyo Area (Tokyo and three prefectures).

When broken down by area, the situation is a bit more complex.The number of transactions in Tokyo’s 23 wards stood at 1,452, down 17.9% year-on-year, marking the fifth consecutive month of decline. In contrast, Chiba Prefecture saw 445 transactions, up 19.9%, and Kanagawa Prefecture and other areas (excluding Yokohama and Kawasaki) recorded 281 transactions, up 14.2%.Regarding the transaction price per square meter, the Tokyo metropolitan area (23 wards) stood at 1.3124 million yen per square meter, a 2.0% increase compared to the same month last year, marking 73 consecutive months of growth since May 2020.In other words, although the unit price per square meter in the city center itself continues to rise, the average unit price per square meter for the greater Tokyo metropolitan area as a whole is falling; this may be because the shift in the focus of transactions from the city center to the suburbs is pulling down the average.

Another point to note is the “discrepancy” with asking prices.According to “Price Trends for Pre-Owned Condominiums in the Greater Tokyo Area (May 2026),” published by AtHome Lab on June 24, 2026, the average asking price per unit for pre-owned condominiums in the Greater Tokyo Area was 57.64 million yen, marking the 22nd consecutive month of increases compared to both the previous month and the same month of the previous year.For 13 consecutive months, all eight regions have exceeded the levels of the same month the previous year, with Tokyo (23 Wards/Suburbs), Kanagawa Prefecture (Yokohama City, Kawasaki City/Other Areas), Saitama Prefecture (Saitama City/Other Areas), and western Chiba Prefecture all reaching their highest levels since January 2017.However, the month-over-month rate of increase in Tokyo’s 23 wards fell below 1%, indicating that the pace of growth itself is slowing.While asking prices for properties currently on the market continue to rise, the actual transaction price per square meter has begun to decline—the divergence between these two indicators is a particularly important point that those considering a sale cannot afford to overlook.

To use an analogy,

the current housing market in the Tokyo metropolitan area resembles a large estuary where several tributaries converge. While the water level upstream—representing new single-family homes—continues to hit record highs, the water level in the tributary representing the transaction price per square meter for pre-owned condominiums has begun to drop noticeably. Yet, another channel—the “asking price” for pre-owned condominiums—continues to rise.Even when looking at the same “real estate market” as a river, the view is completely different depending on which tributary you’re standing beside. Knowing which tributary you’re currently looking at is the first step in planning your housing situation.

CHAPTER V

Three Perspectives for Home Buyers, Revealed by May’s Data

Let’s take the figures we’ve examined so far and organize them from the perspective of those actually considering a home purchase.

Perspective 1 : People Considering a New Home The average price of new single-family homes in the Greater Tokyo Area stands at 50.43 million yen according to the Tokyo Kantei survey and 50.78 million yen according to the AtHome Lab listing price survey (up 6.0% year-over-year, marking the 21st consecutive month of increases), with prices continuing to rise across multiple indicators.In particular, record highs are being set one after another in Tokyo’s 23 wards, the Tokyo suburbs, and Kanagawa Prefecture; it is important to first recognize that prices have reached unprecedented levels.

Perspective 2: People Considering Selling a Pre-Owned Home For pre-owned single-family homes, transaction prices based on East Japan REINS data showed year-over-year increases in Tokyo, Kanagawa, Chiba, and Saitama Prefectures, creating a favorable market for sellers.On the other hand, while asking prices for pre-owned condominiums have risen for 22 consecutive months, the transaction price per square meter has fallen for the first time in 73 months, meaning sellers may not necessarily be able to secure their asking price. When setting an asking price, it is important to consider not only recent asking prices but also actual transaction data published by sources such as East Japan REINS.

Perspective 3: Those Considering Custom-Built Homes or Renovations With land and building prices on an upward trend for both new single-family homes and new small-scale single-family homes, it is worth considering renovations or reassessing the asset value of existing homes as an option to “make the most of your current home.”The fact that transaction prices for pre-owned single-family homes are rising across the entire Greater Tokyo Area can be interpreted as evidence that the asset value of existing homes is undergoing a relative reassessment.

Regardless of your situation, one thing remains true for everyone: it’s important not to view the Greater Tokyo Area as a single, monolithic entity, but rather to check the latest data for the specific prefectures and areas you’re interested in. The reports from Tokyo Kantei, East Japan REINS, and AtHome Lab featured in this article are all published monthly.If there is an area that interests you, please refer to the primary sources listed in the references at the end of this article.

CHAPTER VI

Summary

Looking back at the Greater Tokyo Area real estate market in May 2026, prices for new single-family homes, pre-owned single-family homes, and new small-scale single-family homes all continued their upward trend, with record highs being set in multiple areas.On the other hand, the used condominium market finds itself in a seemingly contradictory situation: while the average transaction price per square meter turned negative year-over-year for the first time in 73 months, asking prices continued to rise for the 22nd consecutive month. This “discrepancy” is a key clue that cannot be overlooked when trying to understand the market conditions in May 2026.When prices are fluctuating, it’s important not to make decisions based on a single figure, but rather to compare data from multiple research organizations and make decisions tailored to your own circumstances. When in doubt, don’t keep your concerns to yourself—consulting with an expert is an important option to consider.

CHAPTER VII

Frequently Asked Questions

Q. What is the average price of new single-family homes in the Greater Tokyo Area in May 2026?

According to Tokyo Kantei’s data, the average price of new single-family homes in the Greater Tokyo Area in May 2026 was 50.43 million yen, up 2.3% from the previous month, setting a new record high since records began in April 2014.AtHome Lab’s survey of asking prices also showed 50.78 million yen (up 1.0% from the previous month and up 6.0% year-over-year, marking the 21st consecutive month of increases), confirming an upward trend across all data sources.

Q. Are prices for pre-owned condominiums starting to fall?

According to transaction data from East Japan REINS, the unit price per square meter for pre-owned condominiums in the Tokyo metropolitan area in May 2026 was 807,800 yen/㎡, a 3.9% decrease compared to the same month last year. This marks the first year-over-year decline in 73 months, since April 2020.The month-over-month change was also -6.0%. However, it is important to note that asking prices—as indicated by AtHome Lab, which reflect sellers’ desired prices—have been rising for 22 consecutive months, and a gap is beginning to emerge between asking prices and actual transaction prices.

Q. Why have prices for new single-family homes in Tokyo’s 23 wards risen significantly year-over-year?

According to Tokyo Kantei’s analysis, the average price of new single-family homes in Tokyo’s 23 wards had fallen to the 80 million yen range in May 2025; as a result, the year-over-year growth rate for May 2026 was a high +33.4%.On a month-over-month basis, the price stood at 114.86 million yen, a decrease of 4.2%, and it is important to note that there is significant month-to-month volatility.

Q. Are there price differences by area within the Greater Tokyo Area?

Yes, there are. According to a Tokyo Kantei survey of pre-owned single-family homes, prices in Tokyo rose significantly by 19.5% month-over-month in May 2026, while prices in Saitama Prefecture fell by 6.3% month-over-month.Trends also vary by region in the number of closed deals for pre-owned condominiums: while the 23 wards of Tokyo saw a year-over-year decrease of 17.9%, Chiba Prefecture saw an increase of 19.9%.

Q. Where does the data in this report come from?

It is based on a press release from Tokyo Kantei Co., Ltd. regarding new and pre-owned single-family homes and new small-scale single-family homes (released June 9, 2026); the East Japan Real Estate Information Network (East Japan REINS) Public Interest Incorporated Foundation’s Monthly Flash Report “Market Watch Summary Report” for May 2026(published June 10, 2026), and the “Report on Asking Price Trends for New Single-Family Homes and Pre-Owned Condominiums” by AtHome Lab Co., Ltd. (released June 24, 2026). Please see the end of the article for detailed sources.

Further Reading: Related Columns

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Sources: Tokyo Kantei Co., Ltd., “Average Prices of Newly Built Single-Family Homes” press release (released June 9, 2026) / Tokyo Kantei Co., Ltd., “Average Prices of Pre-Owned Single-Family Homes” press release (released June 9, 2026) /Tokyo Kantei Co., Ltd., “Average Price of New Small-Scale Single-Family Homes” Press Release (Released June 9, 2026) — Tokyo Kantei Market Report List — https://www.kantei.ne.jp/report/
Public Interest Incorporated Foundation East Japan Real Estate Information Network (East Japan REINS) “Monthly Flash Report: Market Watch Summary Report for May 2026” (Published June 10, 2026) https://www.reins.or.jp/library/#
AtHome Lab Co., Ltd. “Price Trends for Newly Built Single-Family Homes in the Greater Tokyo Area (May 2026)” (Released June 24, 2026) https://www.athomelab.co.jp/report/detail.php?id=587 (Press Release PDF: Click here )
AtHome Lab Co., Ltd., “Price Trends for Pre-Owned Condominiums in the Greater Tokyo Area (May 2026)” (Released June 24, 2026) https://www.athomelab.co.jp/report/detail.php?id=588 (Press Release PDF: Click here )
The statistical data included in this article is based on data for May 2026 published by the above companies and organizations in June 2026. Please be sure to check the official websites of each company and organization for the latest figures. (Published: June 30, 2026)

June 2026: Greater Tokyo Area Real Estate Market Report

Admin — Mon, 13 Jul 2026 09:04:25 GMT

Detached Homes Continue to Rise; “Discrepancy” Spreads Across the Pre-Owned Market

· · ·

Prices and inventory—the two markets are beginning to show different trends.

“I thought it was about time to start thinking about buying a house,” someone said, only to be surprised upon gathering information that prices had risen more than expected—we hear comments like this almost every month at consultation desks for finding land or moving homes.While headlines about “rising real estate prices” appear repeatedly on TV and in newspapers, it’s difficult to know what’s actually happening in one’s own neighborhood. As a result, many people find themselves simply letting time pass without the information they need to decide whether “now is the right time to act, or if they should wait a little longer.”In this article, we’ll analyze the real estate market as of June 2026—with a focus on the Greater Tokyo Area—based on the latest statistics released by Tokyo Kantei and East Japan REINS in July 2026.From price trends for new and pre-owned single-family homes to comparisons with pre-owned condominiums and trends by area, we’ll provide an easy-to-understand explanation of “what’s happening right now” based on the data.

Key Points of This Article

The average price of new single-family homes in the Greater Tokyo Area was 50.17 million yen (according to Tokyo Kantei, June 2026).Although prices fell slightly month-over-month, they remained at a high level, up 6.4% year-over-year. In Tokyo, the price stood at 63.94 million yen, up 0.6% from the previous month and 11.5% from the same month last year, continuing its upward trend.
Prices for pre-owned single-family homes are also trending upward. The Tokyo Metropolitan Area average is 42.41 million yen (up 5.0% year-over-year), while Tokyo stands at 71.35 million yen, remaining in the 70-million-yen range.
According to transaction statistics from East Japan REINS, while the number of transactions for pre-owned condominiums has declined for three consecutive months and inventory has increased for four consecutive months, pre-owned single-family homes have seen an increase in transactions for three consecutive months and a decrease in inventory for five consecutive months, showing contrasting trends.
By region, while new single-family homes and small-scale residences in Saitama and Chiba Prefectures are repeatedly hitting record highs, price declines have been observed in some areas of the Kansai region, indicating widening regional disparities.

Table of Contents

I.Key Figures on the Real Estate Market in June 2026
II.New Single-Family Homes: Tokyo Continues to Rise, Saitama Sets New Record
III.Pre-owned Single-Family Homes: Tokyo Maintains Prices in the 70 Million Yen Range, with Gradual Uptrend Continuing
IV.The “Divergence Between Condos and Single-Family Homes” Revealed by the Latest REINS Data
V.Trends by Area and 3 Things Prospective Buyers Should Keep in Mind
VI.Summary
VII.Frequently Asked Questions

CHAPTER I

Understanding the June 2026 Real Estate Market Through the Numbers

The data covered in this article includes two types of statistics with different characteristics. One is the “asking price” compiled by Tokyo Kantei, which is a monthly average of property prices listed on real estate information sites and other platforms.The other is the “Sale Price” compiled by East Japan REINS, which covers only those properties registered with REINS for which a sales contract was actually concluded. Since the asking price represents the seller’s desired price before negotiations, while the sale price reflects the actual market value after negotiations, examining both together provides a more accurate picture of market conditions.

To start with the conclusion, June 2026 was a month in which two trends progressed simultaneously: “rising prices for single-family homes” and “contrasting fortunes for pre-owned condos and pre-owned single-family homes.” Starting in the next chapter, we’ll examine the specific figures in the following order: new single-family homes, pre-owned single-family homes, and REINS transaction statistics.

To use an analogy

the real estate market, much like a weather forecast, cannot be fully understood with just a “quick update” for the day. Only by looking at both the “feels-like temperature” (asking prices) and the “actual temperature” (sale prices) can we truly understand “what the climate is like right now.” In this article, we’ll use both of these “thermometers” to analyze the market conditions for June 2026.

CHAPTER II

New Single-Family Homes: Tokyo Continues to Rise, Saitama Sets a New Record High

According to a survey by Tokyo Kantei, the average price of new single-family homes in the Greater Tokyo Area in June 2026 was 50.17 million yen. Although this represents a slight decrease of 0.5% from the previous month, it is still 6.4% higher than the same month last year, maintaining a high price level.

Average Prices of New Single-Family Homes by Prefecture (10,000 yen) June 2026

Tokyo: 63.94

Kanagawa Prefecture 5,310

Greater Tokyo Area Average: 5,017

Saitama Prefecture 4,235

Chiba Prefecture: 4,194

Source: Compiled independently based on Tokyo Kantei’s “Average Prices of Newly Built Single-Family Homes” (published July 9, 2026).

Looking at the figures by prefecture, Tokyo continued its upward trend at 63.94 million yen (up 0.6% month-over-month, up 11.5% year-over-year), and in the 23 wards of Tokyo alone, the price reached 118.85 million yen (up 3.5% month-over-month).Kanagawa Prefecture saw a slight correction to 53.1 million yen (down 3.7% from the previous month), while Chiba Prefecture rose to 41.94 million yen (up 2.0% from the previous month),Saitama Prefecture at 42.35 million yen (up 4.4% from the previous month), each showing an increase; Saitama Prefecture, in particular, set a new record high since statistics began in April 2014.

Furthermore, when limited to newly built small single-family homes with a total floor area of 50 to 100 square meters, the Tokyo Metropolitan Area average was 62.03 million yen (up 11.7% year-on-year), showing even stronger growth.Tokyo remained in the 80.67 million yen range, while Chiba Prefecture recorded 49.05 million yen, also marking its highest level since records began in April 2014.

To use an analogy,

this price movement resembles the way traffic congestion spreads along a crowded mountain road. As prices in central Tokyo—at the front of the line—continue to rise, that momentum spreads, with a slight delay, to Kanagawa, Chiba, and Saitama. Saitama Prefecture’s record-high price is a clear indication that upward pressure has begun to reach even the “rear of the traffic jam.”

CHAPTER III

Used Single-Family Homes: Tokyo Remains in the 70 million yen range, with prices continuing to rise gradually

According to a survey by Tokyo Kantei, the upward trend in prices for pre-owned single-family homes also continues. The average price in the Tokyo metropolitan area in June 2026 was 42.41 million yen, remaining virtually flat at -0.3% month-over-month, but showing a +5.0% increase year-over-year.

Average Prices for Pre-Owned Single-Family Homes by Prefecture (10,000 yen) June 2026

Tokyo Metropolis: 7,135

Kanagawa Prefecture 4,340

Greater Tokyo Area Average: 4,241

Chiba Prefecture 3,107

Saitama Prefecture: 2,902

Source: Compiled independently based on Tokyo Kantei’s “Average Prices of Pre-owned Single-Family Homes” (published July 9, 2026).

By prefecture, Tokyo recorded 71.35 million yen (down 5.9% from the previous month, up 10.5% year-on-year); although it saw a slight correction from the previous month, it remained in the 70 million yen range. In the 23 wards of Tokyo, the price was 135.54 million yen (down 1.4% from the previous month).Kanagawa Prefecture recorded 43.4 million yen (up 2.3% from the previous month), Chiba Prefecture 31.07 million yen (up 3.0% from the previous month, marking the third consecutive month of increases), and Saitama Prefecture 29.02 million yen (up 4.9% from the previous month)—all showing increases.

While prices for pre-owned homes tend to be less volatile than those for new construction, year-over-year prices across the Greater Tokyo Area as a whole continue to rise at a rate of +5.0%. Although pre-owned single-family homes are often perceived as a “stable pricing option,” it is important to note that, in reality, their prices are rising in virtually the same direction and at the same pace as new construction.

CHAPTER IV

The “Divergence Between Condos and Single-Family Homes” Revealed by the Latest REINS Data

The “Monthly Flash Report: Market Watch for June 2026,” released by East Japan REINS on July 10, 2026, reveals contrasting trends between pre-owned condominiums and pre-owned single-family homes in the Greater Tokyo Area.

Number of Transactions (Year-over-Year) : Pre-owned Condos: 4,241 (-1.3%, third consecutive month of decline) / Pre-owned Single-Family Homes: 2,019 (+3.9%, third consecutive month of increase)

Number of Listings (Year-over-Year) Pre-owned Condos: 45,995 units (+3.5%, fourth consecutive month of increase) / Pre-owned Single-Family Homes: 22,893 units (-1.9%, fifth consecutive month of decline)

Sale Prices and Price per Square Meter (Year-over-Year) Pre-owned Condominiums: Sale price 52.08 million yen (-0.02%), price per square meter 826,400 yen/㎡ (-0.8%, down for the second consecutive month) /Pre-owned single-family homes: Transaction price 40.06 million yen (+1.7%, sixth consecutive month of increase)

To summarize, while inventory of pre-owned condominiums continues to build up, the pace of sales is slowing, and price growth has stalled. In contrast, for pre-owned single-family homes, the number of sales is increasing despite a continuing decline in inventory, and prices have been rising for six consecutive months. Even though they fall under the same category of “pre-owned housing,” the trends currently unfolding are moving in completely opposite directions.

To use an analogy

this phenomenon is easier to understand if you imagine two water tanks. The tank representing pre-owned condos has its faucet (new listings) left wide open, causing the water level (inventory) to keep rising, while price momentum has slowed slightly.On the other hand, the “used single-family homes” tank has a drain (sales) that keeps water flowing out, causing the water level to drop continuously, while a sense of scarcity is driving prices up. The action you should take right now depends on which tank you’re interested in.

CHAPTER V

Trends by Area and Three Things to Keep in Mind for Those Planning to Move

Looking at REINS’ regional data, Chiba Prefecture’s growth stands out. In June 2026, the number of closed deals for pre-owned condominiums in Chiba Prefecture rose by 19.0% year-over-year, with the unit price per square meter up 20.5% and the total transaction price up 20.8%—showing a particularly sharp increase even within the Greater Tokyo Area.Saitama Prefecture also showed solid performance, with the number of transactions up 2.9%, the unit price per square meter up 6.1%, and the transaction price up 7.0%. Kanagawa Prefecture continues to see increases as well, with the number of transactions up 7.0%, the unit price per square meter up 7.2%, and the transaction price up 5.5%.

Average Transaction Price per Square Meter for Pre-Owned Condominiums by Area (10,000 yen/㎡) June 2026

Tokyo 23 Wards : 131 .15

Kanagawa Prefecture 60 .35

Tama Region , Tokyo: 58 .72

Saitama Prefecture 45 .97

Chiba Prefecture 44 .05

Source: Compiled independently based on East Japan REINS’ “Monthly Flash Report: Market Watch, June 2026” (published July 10, 2026).

Meanwhile, according to data from Tokyo Kantei, price declines were also observed in some parts of the Kansai region.New single-family homes in Hyogo Prefecture fell 3.5% month-over-month, used single-family homes in Sakai City fell 4.9% month-over-month, and used single-family homes in Osaka City saw a significant correction, falling 18.2% month-over-month.In contrast to the upward trend in the Greater Tokyo Area, a key characteristic of June 2026 is that price movements clearly diverged depending on the region.

In this mixed landscape of “rising areas” and “correcting areas,” here are three things prospective homebuyers should keep in mind.

Get into the habit of checking both the “listing price” and the “sale price”

The prices listed on real estate portals are, after all, merely the sellers’ asking prices. If you get into the habit of comparing Tokyo Kantei’s listing prices with East Japan REINS’ closing prices, you’ll more easily develop a sense of which price ranges are realistic for successful negotiations.

Don’t limit yourself to a single candidate area; keep an eye on trends in neighboring areas as well

Don’t limit yourself to central Tokyo; by broadening your search to include areas with high price growth—such as Saitama and Chiba Prefectures—as well as areas where prices are more stable, your options will expand significantly even within the same budget. Comparing properties across different areas also provides valuable information when consulting with your real estate agent.

For property types with dwindling inventory, act quickly if you’re serious about buying

In categories where inventory has been declining for five consecutive months—such as pre-owned single-family homes—the speed at which you make a decision when you find a property that meets your criteria can greatly influence the outcome. Conversely, in categories where inventory is increasing—such as pre-owned condos—you have more leeway to take your time comparing and evaluating options.

For specific steps on how to search for land, see “ Methods, Precautions, and Tips for Finding Land for Custom-Built Homes.”

CHAPTER VI

Summary

The real estate market in June 2026 showed a dual “discrepancy”: while prices for new and pre-owned single-family homes continued to rise year-over-year, REINS transaction statistics revealed that inventory levels and the number of closed deals for pre-owned condominiums and pre-owned single-family homes moved in exactly opposite directions.Record-high prices in Saitama and Chiba Prefectures indicate that the wave of price increases is spreading to the suburbs, while price declines in some areas of the Kansai region demonstrate that market conditions vary by region rather than being uniform nationwide.Numbers fluctuate every month. That is precisely why you should not make a decision based on a single round of information gathering. Instead, continue to monitor both asking prices and closing prices to determine the timing that best aligns with your financial plan and life events. In a constantly shifting market, even the time you spend hesitating represents a significant cost. Start by assessing the current market conditions together with a professional.

CHAPTER VII

Frequently Asked Questions

Q. What is the difference between Tokyo Kantei’s data and East Japan REINS’ data?

Tokyo Kantei’s prices are calculated as the average of “asking prices” (listing prices) published on real estate information sites and other sources.On the other hand, East Japan REINS’ “sale prices” are the average of the actual sale prices for properties registered with REINS where a sales contract was successfully concluded. Since asking prices represent the seller’s desired price before negotiations, while sale prices reflect the actual market value after negotiations, looking at both together provides a more accurate picture of the market.

Q. Is June 2026 a good time to buy a home?

It’s hard to say definitively.Prices for both new and pre-owned single-family homes have continued to rise year-over-year, with Saitama and Chiba Prefectures even reaching record highs. On the other hand, the inventory of pre-owned single-family homes has been declining for five consecutive months, so if you find a property that meets your criteria, making a decision early may be to your advantage. We recommend considering your options individually based on your personal financial plan and life circumstances.

Q. Why is the inventory of pre-owned condos increasing?

According to statistics from East Japan REINS, the inventory of pre-owned condominiums in the Greater Tokyo Area had increased for four consecutive months as of June 2026, while the number of closed deals had decreased for three consecutive months.While the data in this article does not allow us to pinpoint the specific factors behind the increase in inventory, the slowing pace of price increases suggests that the rate of sales is not keeping up with the rise in the number of properties listed.

Q. Which area is seeing larger price increases: Tokyo, Saitama Prefecture, or Chiba Prefecture?

In terms of growth rates, the increases in Saitama and Chiba Prefectures stand out. In June 2026, the average price of new single-family homes in Saitama Prefecture rose 4.4% month-over-month, setting a new record high since data collection began in April 2014.In Tokyo, where price levels are already high (63.94 million yen), prices maintained strong growth at +11.5% year-over-year, and this upward momentum is now spreading to suburban areas as well.

Q. Where can I find the data for this report?

This report is based on Tokyo Kantei’s price reports on new and used single-family homes, as well as new small-scale single-family homes, and the East Japan REINS Monthly Flash Report “Market Watch” (June 2026). For details, please refer to the sources and references listed at the end of this article.

Column

Should You Postpone a Property Tour on a Rainy Day? Criteria and Checkpoints

Should You View a Property Even on a Rainy Day? Guidelines for Deciding

What You Can Learn from a Property Tour on a Rainy Day

Drainage on the Property and Surrounding Roads

Roof Leaks and Plumbing Issues

How Realistically You Hear Rain and Everyday Sounds

Things That Are Hard to Gauge During a Property Tour on a Rainy Day

7 Checkpoints to Look for on a Rainy Day

Drainage on the Property and in the Parking Lot

Risk of Flooding on the Road in Front of Your Home

Signs of Leaks and Water Stains

Indoor Dampness and Odors

Rain Sounds and Everyday Noises

Balcony and Veranda Drainage

Common Areas of the Apartment Building

Items That Come in Handy

Why You Should View Properties You Like on Sunny Days

Summary

Frequently Asked Questions

7 Housing Companies in the Greater Tokyo Area That Offer One-Stop Consultation Services

Why a “Single Point of Contact” Makes Sense—The Current State of Home Building, as Seen Through Data

5 Comparison Criteria to Avoid Regrets

7 Selected Home Builders Offering One-Stop Consultation in the Greater Tokyo Area

Jiyu Jutaku Group | One Brand for Every Step of Your Home Journey

Sekisui House | An industry leader promoting itself as a “Land Search Concierge”

Daiwa House Industry | “Livness” Offers a Seamless Process from Sale to Relocation

Sumitomo Forestry | Collaboration with Group Real Estate Company “Suminaavi”

Misawa Home | 24-Hour Consultation Hotline and Real Estate Subsidiary

Open House Group | An Integrated System Specializing in the Greater Tokyo Area, from Land Acquisition to Construction

Mitsui Home | The Comprehensive Strength of the Mitsui Fudosan Group and “Land Partner”

Quick Reference Chart: Choosing the Right Type

Three Things to Prepare Before Your Consultation

Share a general idea of your “total budget” with your family

Narrow down your area priorities to “no more than three”

Get a clear picture of your current living situation

Summary

Frequently Asked Questions

April 2026: Greater Tokyo Area Real Estate Market Report

Prices for Pre-Owned Condos Rise for the 21st Consecutive Month Newly built single-family homes finally reach the 50 million yen range

The Shock of “56.67 Million Yen”—Prices for Pre-Owned Condos Rise for the 21st Consecutive Month

Finally Breaking into the 50 Million Yen Range—The “Psychological Barrier” That New Single-Family Home Prices Have Crossed

Why Do Prices Keep Rising? The “True Nature of the Price Hikes” Revealed by Official Land Price Announcements

“Listing Prices” and “Sale Prices”—Understanding Market Realities Through Data Analysis

Price Differences by Area—A Comparison of Tokyo, Kanagawa, Saitama, and Chiba Prefectures

To Those Currently Looking for a Home—Three Steps to Prepare So You Won’t Regret It Later

Decide “How Much You Can Afford” Before “When to Buy”

Check trends in actual closing prices, not just asking prices

Adjust your strategy based on the area and property type (condominium/single-family home)

Summary

Frequently Asked Questions

May 2026 Real Estate Market Report

New Construction Hits Record Highs, While Signs of a Shift Are Emerging in the Pre-Owned Condo Market

New Single-Family Homes: Record-High Prices Continue, Up 33.4% Year-Over-Year in Tokyo’s 23 Wards

Existing Single-Family Homes: Tokyo Prefecture Rises 19.5%; Closing Prices Also Rise for the Fifth Consecutive Month

New Small-Scale Single-Family Homes: Tokyo Reaches the 80 Million Yen Range for the First Time

Used Condominiums: Transaction Prices Fall for the First Time in 73 Months, Mismatch with Listing Prices

Three Perspectives for Home Buyers, Revealed by May’s Data

Summary

Frequently Asked Questions

June 2026: Greater Tokyo Area Real Estate Market Report

Detached Homes Continue to Rise; “Discrepancy” Spreads Across the Pre-Owned Market

Understanding the June 2026 Real Estate Market Through the Numbers

New Single-Family Homes: Tokyo Continues to Rise, Saitama Sets a New Record High

Used Single-Family Homes: Tokyo Remains in the 70 million yen range, with prices continuing to rise gradually

The “Divergence Between Condos and Single-Family Homes” Revealed by the Latest REINS Data

Trends by Area and Three Things to Keep in Mind for Those Planning to Move

Get into the habit of checking both the “listing price” and the “sale price”

Don’t limit yourself to a single candidate area; keep an eye on trends in neighboring areas as well

For property types with dwindling inventory, act quickly if you’re serious about buying

Summary

Frequently Asked Questions

Prices for Pre-Owned Condos Rise for the 21st Consecutive Month
Newly built single-family homes finally reach the 50 million yen range