A new study has found that Japanese home design has surpassed U.F.O. in recent years.
The study, conducted by Japanese home-design firm T-Mobile, found that over the last 20 years, the Japanese home market has grown from a relatively small market to one of the top 10 global markets in terms of average prices per square foot.
T-mobile also said that the Japanese market has witnessed a sharp decline in home prices in recent decades due to the aging population and a rise in global warming.
The research was published by the Japan Association of Architects (JAA), which describes itself as a “world-leading architectural trade association.”
“The Japanese home is becoming a world-class market for both home owners and the buyers themselves,” JAA President and CEO Yoko Takano told ABC News.
“Japanese home design is gaining popularity among the people and we’re seeing a tremendous growth of the Japanese design market in the years to come.”
According to the report, Japan’s home-entertainment market has seen a surge in popularity in recent times.
According to a report by the National Association of Home Builders, there are now more than 4.8 million people who own a home in Japan.
And according to T-MOBILE, there is an increase in interest from Japanese home owners in renovating their homes as the number of renovation requests has increased in recent months.
“The trend for renovation of existing homes is strong and has increased over the past three years,” T-MobiX CEO Yosuke Tanaka said in a statement.
“It’s now possible to take home design seriously and the Japanese house design has made an impact on our home design industry in the last three years.”