tokyo
Resale condominium prices across Greater Tokyo rose for a 21st straight month in April, but the regional breakdown suggests a market that is still resilient overall while becoming less uniform beneath the surface.
insights
Japan’s resort property market is not just a Niseko story. Our 2025 highlights report looks at where prices were strongest, where sales moved fastest, and which regions showed real momentum compared to the prior year.
Headline pricing, sales momentum and regional growth signals from across Japan’s resort property market, including Niseko, Hakuba, Karuizawa, Madarao and more.
tokyo
Greater Tokyo resale condo transactions slipped in April for the first time in 18 months, but rising prices and growing inventory suggest a market that is cooling in momentum rather than breaking outright.
development
As redevelopment delays spread from regional cities into central Tokyo, the message is becoming clearer: rising construction costs are no longer just a margin issue—they are beginning to reshape supply, timing and value across Japan’s property market.
niseko
Niseko Village’s planned gondola upgrade does not just improve mountain access—it points to the continued evolution of Niseko as a more polished, more diversified and increasingly year-round resort market.
karuizawa
List’s latest luxury hotel-condo project in Karuizawa is another sign that branded, high-end hospitality-linked residential product is spreading beyond Japan’s ski markets and into established lifestyle destinations with strong year-round appeal.
nagano
Explore the Uchi Insights Nagano annual market report 2025, with data-led analysis of pricing, sales activity, land trends and wider resort market movement.
nagano
A Premium Uchi Insights report on pricing, sales activity, land trends and wider market movement across Nagano’s resort property market.
niseko
New smartphone location data suggests Niseko had the highest share of international visitors of any destination in Japan in 2025, underlining both the strength of inbound demand in key resort markets and the uneven spread of tourism across the country.
japan
Japan’s condominium market exceeded ¥6 trillion in the first quarter of 2026, but the more important takeaway is that resale activity—not new supply—is doing most of the heavy lifting.
The Bank of Japan has left its policy rate unchanged at 0.75%, a reminder that while most foreign property investors in Japan still buy without local debt, interest rates remain an important barometer for inflation, growth and the wider direction of the economy.