#Japan #Tokyo #AtHome #Detached House

Overview of Recent Housing Price Trends

In May 2026, a report by AtHome Corporation, a prominent real estate information service based in Ota City, Tokyo, provided insights into the pricing trends of newly built detached houses in the Tokyo metropolitan area. This analysis was commissioned to AtHome Lab Inc., which is headquartered in Chiyoda City, Tokyo. The data reveal significant findings about the current market situation.

Rising Average Prices

The average price of newly built detached houses across the entire metropolitan area has reached 50.78 million yen, showing an increase of 1.0% compared to the previous month. Notably, this marks the third consecutive month of price increases, reflecting a year-on-year rise of 6.0%. Such an extended streak of growth in property prices has been observed for a total of 21 months consecutively.

Historical Increases in Specific Areas

The report highlights that the 23 special wards of Tokyo have experienced an impressive rise in prices, with a month-on-month increase of 4.0%, and a staggering 18.6% increase year-on-year, both of which represent the highest growth rates ever recorded. Moreover, several regions within the Tokyo area, including parts of Kanagawa (Yokohama and Kawasaki), Saitama (Saitama City), and Chiba, have reached their highest recorded prices since January 2017. Specifically, the price levels in the Tokyo metropolitan area have been on an upward trajectory for 15 consecutive months.

Areas Under Review

The focus areas of the report include:

• - Tokyo (23 wards and other districts)
• - Kanagawa (Yokohama, Kawasaki, and others)
• - Saitama (Saitama City and others)
• - Parts of Chiba including cities like Kashiwa, Matsudo, Nagareyama, Abiko, Ichikawa, Urayasu, Narashino, and Funabashi.

For the purpose of this study, the average registered price (listing price) per unit of newly built detached houses, registered and made public by AtHome, is considered as the representative price.

Insights from the Analysis

Overall, the data indicates that the average house prices in the metropolitan area have been escalating in both comparisons to the previous month and the previous year. The 23 wards of Tokyo registered an unprecedented monthly increase, which is a telling sign of the ongoing demand and market confidence in the region.

Interestingly, all the eight analyzed areas, notably including the aforementioned prefectures, have shown a consistent upward trend for 14 consecutive months when comparing year-on-year figures—making the current market landscape vibrant and competitive.

Conclusion

The continuous increase in housing prices poses challenges for potential homebuyers while reflecting a confident real estate environment in the Tokyo metropolitan area. Observers and participants in the market can stay updated with the latest data by downloading the detailed PDF report from AtHome’s corporate website.

To view the full report, please visit: AtHome Market Analysis Report