Japan

JapanPrice/income

Japan first; United States, Korea, euro area, United Kingdom and Australia alongside.

114.1

−0.1 (−0.1%)

As of 2025 Q4 | index

Latest
114.1 2025 Q4
Previous
114.1 2025 Q3
Min
95.7 2009 Q4
Max
214.8 1973 Q3
PeriodValue
2025 Q4114.1
2025 Q3114.1
2025 Q2114.0
2025 Q1114.3
2024 Q4112.5
2024 Q3112.1
2024 Q2114.0
2024 Q1116.8
2023 Q4118.0
2023 Q3115.5
2023 Q2114.2
2023 Q1113.0
2022 Q4112.7
2022 Q3113.2
2022 Q2114.0
2022 Q1111.2
2021 Q4111.5
2021 Q3109.6
2021 Q2105.8
2021 Q1102.1
2020 Q4100.7
2020 Q399.1
2020 Q2100.6
2020 Q197.2
#CountryPrice/incomeChangePeriod
6Australia125.1+3.3 (+2.7%)2026-037United States125.1−0.6 (−0.5%)2026-0618Japan114.1−0.1 (−0.1%)2025-1221Euro area108.4+0.7 (+0.6%)2025-1224United Kingdom104.5+0.6 (+0.6%)2026-0337Korea74.9−0.8 (−1.0%)2025-03

What the price-to-income ratio is

The OECD price-to-income ratio compares nominal house prices with household disposable income. A higher reading means prices have outpaced incomes relative to the index history. Latest: 114.1 in 2025 Q4.

This is an affordability ratio, not a mortgage rate and not a typical purchase price. From 1960 Q1 to 2025 Q4 (264 quarters): latest 114.1 (2025 Q4), previous 114.1 (2025 Q3); low 95.7 (2009 Q4), high 214.8 (1973 Q3).

Source: OECD Analytical House Prices. Licence: OECD data; attribution required (terms).