New apartment prices in Sendai now higher than the the peak of the bubble in 1991
According to advertising firm DG Communications, the average price of a brand new apartment in greater Sendai in 2013 was 35,599,000 Yen, up 7.3% from 2012. This is now 0.7% higher than the peak of 35,339,000 Yen seen in 1991 during Japan's asset price bubble.
The average price per square meter was 468,200 Yen, up 9.0% from the previous year.Read more