Second-hand apartment transactions reach record high in 2016
REINS released their annual report on transaction data for greater Tokyo in 2016. The key points from the report are:
Second-hand apartments:
- Transactions increased for the second year in a row and reached a record high.
- Average sale price exceeded 30 million Yen for the first time in 22 years.
- Average sale prices per square meter increased for the fourth year in a row.