According to recent reports, the average price of used single-family homes in the greater Tokyo area reached 42.93 million yen in August 2026, reflecting a 4.9% increase from the previous month. However, the prices in Tokyo itself have been consistently declining.
This trend in pricing is significant for international investors and expatriates in the Tokyo residential market. The ongoing decline in Tokyo's prices could present unique investment opportunities for foreigners seeking to enter the real estate market.