According to REINS, 2,830 second-hand apartments were sold across greater Tokyo in November, up 6.6% from the previous month but down 9.3% from last year. This is the 8th month in a row to see a year-on-year decline. The average apartment sale price was 28,080,000 Yen, down 0.1% from the previous month but up 5.6% from last year. The average price per square meter was 441,500 Yen, up 1.4% from the previous month and up 7.1% from last year. This is the 23rd month in a row to see a year-on-year increase. The average building age was 20.04 years.

1,431 second-hand apartments were sold in the Tokyo metropolitan area, up 10.2% from the previous month but down 7.1% from last year. This is also the 8th month in a row to see a year-on-year decline. The average sale price was 34,080,000 Yen, down 2.0% from the previous month but up 5.2% from last year. The average price per square meter was 575,800 Yen, down 1.5% from the previous month but up 6.3% from last year. The average building age was 19.20 years.

In central Tokyo's 3 wards (Chiyoda, Chuo and Minato), the average sale price was 966,600 Yen/sqm, up 4.0% from the previous month and up 11.5% from last year. This is the highest price seen since January 2008 when prices were 991,900 Yen/sqm.

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