November apartment prices Japan

According to Tokyo Kantei, the average asking price of a 70 sqm (753 sqft) second-hand apartment in Tokyo’s 23 wards was 43,300,000 Yen in November, up 1.7% from the previous month and up 6.6% from last year. The average building age was 22.3 years.

In central Tokyo’s six wards (Chiyoda, Chuo, Minato, Shinjuku, Bunkyo and Shibuya), the average apartment asking price was 61,280,000 Yen, up 1.8% from the previous month and up 12.0% from last year. The rate of increase has been expanding since August 2014. The average building age was 21.6 years.

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