Japan

JapanReal HPI

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

119.1

+0.9 (+0.8%)

As of 2025 Q4 | 2015=100, real

Latest
119.1 2025 Q4
Previous
118.2 2025 Q3
Min
27.4 1960 Q1
Max
167.7 1991 Q1
PeriodValue
2025 Q4119.1
2025 Q3118.2
2025 Q2117.2
2025 Q1117.8
2024 Q4116.4
2024 Q3116.4
2024 Q2116.4
2024 Q1116.3
2023 Q4115.9
2023 Q3115.5
2023 Q2116.4
2023 Q1116.5
2022 Q4117.0
2022 Q3117.1
2022 Q2116.6
2022 Q1115.3
2021 Q4113.3
2021 Q3112.4
2021 Q2110.1
2021 Q1108.4
2020 Q4107.9
2020 Q3105.3
2020 Q2105.1
2020 Q1105.2
#CountryReal HPIChangePeriod
13United States151.5−1.4 (−0.9%)2026-0624Australia131.9+2.6 (+2.0%)2026-0329Euro area121.4+1.1 (+0.9%)2025-1230Japan119.1+0.9 (+0.8%)2025-1234United Kingdom107.6−0.4 (−0.4%)2026-0341Korea91.4−0.4 (−0.4%)2025-03

What a real house price index is

The OECD real house price index deflates nominal dwelling prices by the private consumption deflator, so a rise means houses became more expensive relative to consumer prices. Latest: 119.1 in 2025 Q4.

From 1960 Q1 to 2025 Q4 (264 quarters): latest 119.1 (2025 Q4), previous 118.2 (2025 Q3); low 27.4 (1960 Q1), high 167.7 (1991 Q1).

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