In a brake hydraulic pressure generating device in which the brake operating force is applied to a pressure adjusting valve through a stroke simulator and the hydraulic pressure supplied from the hydraulic pressure source is adjusted to a value corresponding to the brake operating force, during return of the brakes, the return stroke before the brake hydraulic pressure begins to drop is large, so that the brake feeling is bad. This invention proposes a solution to this problem. Hysteresis is imparted to the stroke simulator so that the output hydraulic pressure of the pressure adjusting valve for the stroke of the simulator piston stroke during increase of the brake operating force will be higher than that during reduction of the brake operating force by setting the sliding resistance of the simulator piston greater than that of the input piston.