Japan's Sekisui Chemical Co. plans to raise prices of their building product materials by 15-30%. This move comes as a result of increasing costs in raw materials and logistic operations. The impact of this decision on Japan’s construction industry is yet to be seen, with the price hikes expected to be applied in the near future.

Price hikes in construction materials directly influence Japan's property and real estate market, as construction cost is a significant factor in real estate pricing. Any increase can possibly slow down the construction boom. The population pays close attention to these changes as property ownership is considered significant to an individual's financial security.

In the US and EU, similar issues are often met with scrutiny by consumer protection agencies and stakeholders in the real estate industry. Increased construction costs can lead to rises in property prices, impacting both developers and end consumers.