The forecast for household consumption of housing in Japan, expressed as a percentage of Net Disposable Income, shows a slight decline from 18.96% in 2024 to 18.84% in 2028. This pattern indicates a steady, albeit minor, year-on-year decrease. Specifically, the values drop by approximately 0.16% from 2024 to 2025, 0.21% from 2025 to 2026, 0.16% from 2026 to 2027, and 0.11% from 2027 to 2028. Over the last two years, the trend is consistently downward, while the Compound Annual Growth Rate (CAGR) for the five-year forecast period reflects an average yearly decrease.

Future trends to watch for include:

Demographic shifts, such as an aging population, which may impact housing consumption
Economic factors like inflation and changes in disposable income
Government policies regarding housing and urban development
Technological advancements in housing that could alter consumption patterns