Most common reasons for purchasing a pre-owned single-family home in Japan FY 2021
A majority of households in Japan that bought a pre-owned single-family home in the fiscal year 2021 did so because it fit within their budget, a survey conducted between September and November 2022 found. While 63.4 percent opted for a second-hand house because it was affordable, around 47.9 percent stated that they did not attach importance to buying a new home.