In 2021, an estimated 39 thousand housing units were renovated and resold in Japan. The number was projected to increase to 50 thousand by 2025. The home resales market is defined as a business model in which real estate companies purchase used houses and apartments and resell them after remodeling or renovation.
Existing home distribution market size in Japan from 2015 to 2020 with a forecast until 2025
(in number of deals)
based on the number of housing units for which a contract has been signed, including detached houses and condominiums
Supplementary notes
*Forecasts.
The second-hand housing market is defined as a business model in which real estate companies purchase pre-owned detached houses and condominiums and resell them after remodeling or renovation. The statistic does not take into consideration the extent of the remodeling or renovation.
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Yano Research. (January 18, 2022). Existing home distribution market size in Japan from 2015 to 2020 with a forecast until 2025 (in number of deals) [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/1291156/japan-home-resales-market-size/
Yano Research. "Existing home distribution market size in Japan from 2015 to 2020 with a forecast until 2025 (in number of deals)." Chart. January 18, 2022. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/1291156/japan-home-resales-market-size/
Yano Research. (2022). Existing home distribution market size in Japan from 2015 to 2020 with a forecast until 2025 (in number of deals). Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/1291156/japan-home-resales-market-size/
Yano Research. "Existing Home Distribution Market Size in Japan from 2015 to 2020 with a Forecast until 2025 (in Number of Deals)." Statista, Statista Inc., 18 Jan 2022, https://www.statista.com/statistics/1291156/japan-home-resales-market-size/
Yano Research, Existing home distribution market size in Japan from 2015 to 2020 with a forecast until 2025 (in number of deals) Statista, https://www.statista.com/statistics/1291156/japan-home-resales-market-size/ (last visited November 03, 2024)
Existing home distribution market size in Japan from 2015 to 2020 with a forecast until 2025 (in number of deals) [Graph], Yano Research, January 18, 2022. [Online]. Available: https://www.statista.com/statistics/1291156/japan-home-resales-market-size/
