Mortgage loans reached 2,363 USD bil in 2017 in Japan, according to the National Central Bank. This is 6.57 % more than in the previous year.
Historically, mortgage loans in Japan reached an all time high of 2,946 USD bil in 2011 and an all time low of 179 USD bil in 1984. When compared to Japan's main peers, mortgage loans in Russia amounted to 90.0 USD bil and 10,100 USD bil in USA in 2017.
Japan has been ranked 2nd within the group of 79 countries we follow in terms of mortgage loans, 2 places above the position seen 10 years ago.
A mortgage loan is a loan secured by real property through the use of a mortgage note.