Greater Tokyo (Tokyo, Kanagawa, Saitama, Chiba)¶
The four prefectures of Tokyo, Kanagawa, Saitama and Chiba. The centre of Japan's resale condominium market and the area covered by the East Japan REINS statistics.
Current phase¶
Correction under way (adjustment pressure 63 / 100, confidence high, as of 2026-08)
Adjustment pressure is our own score built from inventory, transaction counts, closing prices and the gap between asking and closing prices (0-20 overheating, 20-40 plateau, 40-60 early correction, 60-80 correction under way, 80-100 declining).
What to watch: Whether the correction in central Tokyo's high-end segment spreads to the surrounding prefectures; the year-on-year change in transaction counts and the gap between asking and closing prices.
This service uses the API of the MLIT Real Estate Information Library, but the timeliness, accuracy and completeness of the information provided are not guaranteed. (このサービスは、国土交通省不動産情報ライブラリのAPI機能を使用していますが、提供情報の最新性、正確性、完全性等が保証されたものではありません。)
Figures are medians of individual transactions and change with the mix of what sold. Regime labels are our own interpretation, not investment advice.