Japan’s Land Prices Surge Again as Resort Areas Soar

Mar 19, 2025 | News On Japan

TOKYO - Japan's Ministry of Land, Infrastructure, Transport and Tourism announced that as of January 1st, official land prices—a key real estate benchmark—rose 2.7% year-on-year, marking the fourth consecutive annual increase.

By category, residential land prices climbed 2.1%, while commercial land prices increased 3.9%.

Amid strong inbound tourism, resort areas such as Furano in Hokkaido continued to see significant price surges. In contrast, land prices in areas affected by the Noto Peninsula earthquake saw a sharp decline.

Source: TBS

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