Real Estate Prices
Domestic and global real estate price indicators from official sources
| Country | Index | YoY |
|---|---|---|
| Japan | 144.6 | +5.0% |
| United States | 236.2 | +1.2% |
| United Kingdom | 172.7 | +2.9% |
| Germany | 180.1 | +0.6% |
| France | 125.8 | -0.8% |
| South Korea | 145.9 | +2.5% |
| Australia | 216.4 | +8.3% |
| Canada | 201.9 | -4.0% |
| Italy | 102.5 | +4.0% |
| Spain | 149.1 | +12.1% |
| Euro area | 158.8 | +4.0% |
| China | 112.9 | -5.9% |
Source: BIS Residential Property Price Statistics (official data from national central banks and statistical offices). Nominal index, quarterly.
| Metro area | Index | YoY |
|---|---|---|
| United States (20-city composite)(20-city composite) | 346.6 | +2.6% |
| Miami | 451.1 | +4.3% |
| San Diego | 446.9 | +2.3% |
| Los Angeles | 446.6 | +1.4% |
| Seattle | 383.2 | -2.0% |
| Tampa | 369.2 | -0.4% |
| San Francisco | 364.7 | +3.4% |
| Boston | 357.8 | +2.6% |
| New York | 352.8 | +6.2% |
| Washington DC | 339.8 | +2.2% |
| Portland | 330.4 | +0.3% |
| Phoenix | 323.2 | +0.5% |
| Denver | 312.6 | -0.8% |
| Las Vegas | 295.1 | -1.3% |
| Dallas | 291.3 | -0.8% |
| Charlotte | 284.7 | +0.6% |
| Minneapolis | 249.9 | +1.7% |
| Atlanta | 249.2 | +0.5% |
| Chicago | 235.1 | +6.7% |
| Cleveland | 209.3 | +4.3% |
| Detroit | 201.0 | +2.6% |
Source: S&P CoreLogic Case-Shiller Home Price Indices via FRED. Non-seasonally-adjusted nominal index, monthly, transaction-based.
Top 20 areas by average price (local authorities)
| # | Area | Avg price | YoY |
|---|---|---|---|
| 1 | Kensington and Chelsea | £1,204,072 | -13.8% |
| 2 | City of Westminster | £887,206 | -14.3% |
| 3 | Richmond upon Thames | £813,931 | -0.0% |
| 4 | Camden | £798,486 | -10.6% |
| 5 | Hammersmith and Fulham | £754,825 | -5.1% |
| 6 | Elmbridge | £735,548 | +0.7% |
| 7 | City of London | £726,633 | -14.6% |
| 8 | Wandsworth | £694,210 | -5.3% |
| 9 | St Albans | £655,974 | +3.2% |
| 10 | Islington | £654,286 | -8.6% |
| 11 | Haringey | £633,221 | -1.4% |
| 12 | Inner London | £624,824 | -6.6% |
| 13 | Merton | £623,791 | +0.1% |
| 14 | Hackney | £619,408 | -1.6% |
| 15 | Kingston upon Thames | £597,587 | +4.9% |
| 16 | Barnet | £592,892 | -4.4% |
| 17 | Three Rivers | £590,232 | +0.9% |
| 18 | Ealing | £589,875 | +1.8% |
| 19 | Windsor and Maidenhead | £583,688 | -0.2% |
| 20 | Southwark | £569,160 | -2.1% |
Source: HM Land Registry / ONS UK House Price Index (Open Government Licence). Monthly average sale price from actual transactions.
Median land price by prefecture (JPY 10k/m²)
By current land use
| Use | Points | Median | YoY |
|---|---|---|---|
| Residential | 17,968 | 7万円/m² | +1.9% |
| Residential, Retail | 2,242 | 10万円/m² | +2.3% |
| Retail | 1,509 | 8万円/m² | +1.9% |
| Retail, Office | 741 | 44万円/m² | +5.0% |
| Office | 611 | 16万円/m² | +4.0% |
| Factory | 456 | 3万円/m² | +3.3% |
| Residential, Retail, Office | 328 | 51万円/m² | +5.6% |
| Residential, Office | 304 | 31万円/m² | +4.6% |
| Office, Warehouse | 297 | 8万円/m² | +4.9% |
| Warehouse | 168 | 6万円/m² | +4.3% |
| 空地 | 134 | 6万円/m² | +1.9% |
| Office, Factory | 114 | 5万円/m² | +4.4% |
| 銀行 | 112 | 7万円/m² | +2.1% |
| Other | 106 | 13万円/m² | +4.2% |
| Residential, 医院 | 104 | 11万円/m² | +3.0% |
| 医院 | 78 | 8万円/m² | +1.5% |
| Farmland | 66 | 1万円/m² | +0.5% |
| Retail, Factory | 52 | 6万円/m² | +2.2% |
| Retail, Warehouse | 48 | 8万円/m² | +2.9% |
| 雑木 | 48 | 0万円/m² | -0.7% |
| 旅館 | 42 | 10万円/m² | +4.4% |
| Office, 作業場 | 34 | 9万円/m² | +3.5% |
| Residential, Office, Warehouse | 27 | 46万円/m² | +6.1% |
| Retail, Office, Other | 25 | 1,010万円/m² | +3.9% |
| Office, Other | 23 | 137万円/m² | +6.1% |
| Retail, 作業場 | 21 | 8万円/m² | +1.8% |
| Residential, Retail, Warehouse | 20 | 26万円/m² | +2.1% |
| Residential, 作業場 | 20 | 20万円/m² | +3.1% |
| Retail, Office, Warehouse | 19 | 30万円/m² | +4.4% |
| Office, Factory, Warehouse | 19 | 5万円/m² | +6.0% |
| Office, Warehouse, 作業場 | 19 | 9万円/m² | +4.4% |
| Retail, Office, Factory | 19 | 10万円/m² | +2.5% |
| Residential, Factory | 18 | 17万円/m² | +2.8% |
| Retail, 医院 | 18 | 19万円/m² | +4.4% |
| Factory, Warehouse | 14 | 8万円/m² | +3.2% |
| Retail, 旅館 | 14 | 15万円/m² | +1.9% |
| Residential, Warehouse | 14 | 28万円/m² | +4.0% |
| Residential, Office, 作業場 | 12 | 38万円/m² | +4.6% |
| Residential, Office, Factory | 11 | 44万円/m² | +5.1% |
| 作業場 | 10 | 4万円/m² | +3.0% |
| Residential, Retail, 医院 | 10 | 40万円/m² | +4.2% |
| Office, 医院 | 9 | 60万円/m² | +6.5% |
| Residential, Retail, 作業場 | 8 | 9万円/m² | +2.7% |
| Retail, Office, 医院 | 8 | 186万円/m² | +7.0% |
| Retail, Office, 作業場 | 8 | 10万円/m² | +1.4% |
| Retail, Other | 6 | 29万円/m² | +9.1% |
| Warehouse, 作業場 | 6 | 10万円/m² | +5.0% |
| Office, 銀行 | 6 | 291万円/m² | +7.7% |
| Residential, Office, 医院 | 6 | 27万円/m² | +3.8% |
| Residential, Retail, Factory | 6 | 5万円/m² | +0.6% |
| Residential, Other | 6 | 143万円/m² | +6.7% |
| Residential, 旅館 | 3 | 3万円/m² | -0.9% |
| 山林 | 3 | 1万円/m² | +1.3% |
| Retail, Warehouse, 作業場 | 2 | 3万円/m² | -0.3% |
| Residential, Warehouse, 作業場 | 2 | 9万円/m² | +2.0% |
| Residential, Office, Other | 2 | 33万円/m² | +1.4% |
| Retail, 銀行 | 2 | 88万円/m² | +6.5% |
| Office, Warehouse, Other | 2 | 71万円/m² | +6.4% |
| Wilderness | 2 | 1万円/m² | +0.0% |
| Retail, 旅館, Other | 1 | 469万円/m² | +4.0% |
| Office, 医院, Other | 1 | 400万円/m² | +7.2% |
| Office, Factory, Other | 1 | 5万円/m² | +2.2% |
| Office, 旅館 | 1 | 397万円/m² | +10.3% |
| Residential, Factory, Warehouse | 1 | 14万円/m² | +5.2% |
| Residential, Retail, Other | 1 | 13万円/m² | +8.9% |
| Residential, Retail, 銀行 | 1 | 46万円/m² | +7.0% |
| Residential, 銀行 | 1 | 5万円/m² | -3.3% |
| Retail, Office, 旅館 | 1 | 67万円/m² | +6.3% |
| Retail, Office, 銀行 | 1 | 3,130万円/m² | +9.8% |
| 用材 | 1 | 0万円/m² | -1.8% |
| 給油所 | 1 | 4万円/m² | +0.4% |
Top 20 most expensive survey points
| # | Survey point | Location | Use | Price/m² | YoY |
|---|---|---|---|---|---|
| 1 | 中央 | 東京都 中央区銀座4丁目2番4 | Retail | 5,570万円 | +3.5% |
| 2 | 中央 | 東京都 中央区銀座5丁目103番16 | Retail, Office | 4,760万円 | +3.5% |
| 3 | 中央 | 東京都 中央区銀座2丁目2番19外 | Retail, Office | 4,090万円 | +3.5% |
| 4 | 中央 | 東京都 中央区銀座7丁目1番2外 | Retail | 3,990万円 | +3.4% |
| 5 | 新宿 | 東京都 新宿区新宿3丁目807番1外 | Retail, Office | 3,800万円 | +3.8% |
| 6 | 新宿 | 東京都 新宿区新宿3丁目30番13外 | Retail, Office | 3,690万円 | +5.4% |
| 7 | 千代田 | 東京都 千代田区丸の内2丁目2番1外 | Retail, Office | 3,680万円 | +0.3% |
| 8 | 渋谷 | 東京都 渋谷区宇田川町77番14外 | Retail, Office, 銀行 | 3,130万円 | +9.8% |
| 9 | 中央 | 東京都 中央区銀座4丁目103番1外 | Retail, Office | 2,960万円 | +3.5% |
| 10 | 中央 | 東京都 中央区銀座6丁目4番13外 | Retail | 2,930万円 | +2.8% |
| 11 | 千代田 | 東京都 千代田区大手町2丁目4番2外 | Retail, Office, Other | 2,910万円 | +1.0% |
| 12 | 渋谷 | 東京都 渋谷区神宮前4丁目26番43外 | Residential, Retail, Office | 2,820万円 | +4.4% |
| 13 | 千代田 | 東京都 千代田区大手町1丁目3番3外 | Retail, Office, Other | 2,720万円 | +1.1% |
| 14 | 千代田 | 東京都 千代田区丸の内3丁目2番外 | Retail, Office, Other | 2,690万円 | +0.4% |
| 15 | 渋谷 | 東京都 渋谷区道玄坂2丁目36番10 | Retail, Office | 2,420万円 | +8.0% |
| 16 | 大阪北 | 大阪府 大阪市北区大深町207番外 | Retail, Office | 2,360万円 | +5.4% |
| 17 | 中央 | 東京都 中央区八重洲1丁目105番53 | Retail, Office, Other | 2,300万円 | +2.7% |
| 18 | 中央 | 東京都 中央区京橋1丁目1番1外 | Other | 2,290万円 | +2.2% |
| 19 | 千代田 | 東京都 千代田区有楽町1丁目12番2 | Retail, Office | 2,150万円 | +0.9% |
| 20 | 大阪中央 | 大阪府 大阪市中央区宗右衛門町46番1外 | Retail | 2,140万円 | +13.8% |
Source: MLIT Official Land Price Survey (Kokudo Suchi Joho, standard-site normal prices as of Jan 1, 2024, JPY/m²). Published each March.