January 27, 2015
Japan Real Estate Institute
November 2014 JREI Home Price Indices
According to the November 2014 JREI Home Price Indices, which were released by the Japan Real Estate
Institute on January 27, 2015, Composite stood at 83.91 (up 1.08% compared with the previous month), Tokyo
91.00 (up 0.91%), Kanagawa 81.32 (up 1.55%), Chiba 65.39 (up 0.71%), and Saitama 68.17 (up 1.50%).
(January 2000 = 100)
Composite (Existing Condominium)
Index
Dec. 2008
Dec. 2009
Dec. 2010
Dec. 2011
Dec. 2012
Dec. 2013
Jun. 2014
Jul. 2014
Aug. 2014
Sep. 2014
Oct. 2014
Nov. 2014
81.99
80.91
83.35
78.34
76.44
80.32
81.86
82.25
81.98
82.19
83.01
83.91
Change
Month-on-Month
Year-on-Year
－
－
－
－
－
－
0.89%
0.48%
-0.33%
0.26%
1.00%
1.08%
-6.57%
-1.31%
3.01%
-6.01%
-2.43%
5.08%
5.73%
5.69%
5.76%
5.32%
4.83%
5.08%
Chiba Prefecture (Existing Condominium)
Index
Dec. 2008
Dec. 2009
Dec. 2010
Dec. 2011
Dec. 2012
Dec. 2013
Jun. 2014
Jul. 2014
Aug. 2014
Sep. 2014
Oct. 2014
Nov. 2014
72.04
70.29
72.51
67.32
66.41
65.92
65.91 *
64.89
65.10
63.98
64.93 *
65.39
Change
Month-on-Month
Year-on-Year
－
－
－
－
－
－
1.62%
-1.55%
0.32%
-1.72%
1.48%
0.71%
-6.85%
-2.43%
3.15%
-7.15%
-1.36%
-0.73%
7.20%
3.64%
0.91%
-2.55%
-2.89%
-0.72%
Tokyo Prefecture (Existing Condominium) Kanagawa Prefecture (Existing Condominium)
Change
Index
85.64
84.77
87.48
81.86
80.51 *
85.90
88.01
88.35
87.94
88.59
90.18 *
91.00
Month-on-Month
Year-on-Year
－
－
－
－
－
－
0.23%
0.39%
-0.46%
0.74%
1.79%
0.91%
-8.05%
-1.02%
3.20%
-6.42%
-1.65%
6.68%
6.38%
6.91%
7.39%
7.35%
7.08%
6.97%
Saitama Prefecture (Existing Condominium)
Change
Index
71.70
68.73
73.19
69.54
64.68
68.20
68.05
68.68
68.85
69.22
67.16
68.17
*
*
*
*
*
Month-on-Month
Year-on-Year
－
－
－
－
－
－
1.64%
0.93%
0.25%
0.54%
-2.98%
1.50%
-2.03%
-4.13%
6.48%
-4.98%
-6.99%
5.44%
1.71%
0.12%
1.30%
2.74%
-1.02%
-0.59%
Note: An asterisk (*) denotes a revised figure.
Copyright © by the Japan Real Estate Institute. All rights reserved. No part of this
publication may be reproduced in any form without the written permission of the
Japan Real Estate Institute.
Change
Index
81.76
81.31
82.29
78.23
75.89
78.11
79.64
80.64
80.26
79.92
80.08
81.32
*
*
*
*
Month-on-Month
Year-on-Year
－
－
－
－
－
－
2.16%
1.26%
-0.47%
-0.42%
0.20%
1.55%
-4.05%
-0.55%
1.21%
-4.94%
-2.99%
2.93%
5.11%
5.38%
4.99%
3.83%
3.90%
4.29%
Exhibit 1: Year-on-Year Change Trends
15.00%
10.00%
5.00%
0.00%
-5.00%
-10.00%
-15.00%
-20.00%
-25.00%
2014/6
2013/6
Saitama
2012/6
2011/6
2010/6
Chiba
2009/6
2008/6
2007/6
Kanagawa
2006/6
2004/6
Tokyo
2003/6
2002/6
2001/6
2000/6
1999/6
1998/6
1997/6
1996/6
1995/6
1994/6
-35.00%
Composite
2005/6
-30.00%
Exhibit 2: JREI Home Price Indices
250
Composite
Tokyo
Kanagawa
Chiba
Saitama
200
150
2014/6
2013/6
2012/6
2011/6
2010/6
2009/6
2008/6
2007/6
2006/6
2005/6
2004/6
2003/6
2002/6
2001/6
2000/6
1999/6
1998/6
1997/6
1996/6
1995/6
50
1994/6
100
Exhibit 3: Indices at a Glance
Base Date
January 2000 = 100
- Japan Real Estate Institute as the JREI Home Price Indices since January 2015
Compiled and
- Tokyo Stock Exchange as the TSE Home Price Indices from April 2011 to December
Published by
2014
Release Frequency
Monthly (Index Figures up to Two Months Ago)
- Last Tuesday of Each Month
Release Date
- http://www.reinet.or.jp/en/tentative_calculation.html
Please forward your questions to:
Research Division, Japan Real Estate Institute
E-mail: [email protected]
Copyright © by the Japan Real Estate Institute. All rights reserved. No part of this
publication may be reproduced in any form without the written permission of the
Japan Real Estate Institute.