【Global Property Guide】Japan: existing condo prices up, new condo prices down
【Global Property Guide】Japan: existing condo prices up, new condo prices down
2020.03.30
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房市分析
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房市指數
It is a puzzling situation. While the market for old homes in Japan seems healthy, the market for new homes is increasingly depressed.
In Tokyo Metropolitan Area, existing condominiums´ average price rose by 4.73% during 2019 (3.91% inflation-adjusted), up from 0.9% the previous year. During the latest quarter, existing condo prices rose by 2.04% (1.65% inflation-adjusted).
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