According to Tokyo Kantei, the average asking price of a 70 sqm (753 sqft) secondhand apartment in Tokyo's 23-ku in May increased by 0.6% from last month to 39,600,000 Yen (405,000 USD). It is only 0.5% lower than the average price in May 2012.
Prices across Greater Tokyo, however, are down 4.2% from last year to 27,590,000 Yen (282,000 USD).
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