Outlook for Greater Tokyo’s new apartment market in 2017
The Real Estate Economic Institute released a report on potential trends for the new apartment market in greater Tokyo for this coming year.
Supply
The supply of brand new apartments is expected to reach 38,000 units in greater Tokyo, up 6.4% from 2016 and the first time in four years to see an increase in supply. It is still below the level of 56,478 units released for sale in 2013. In 2016, supply was down 11.7% from 2015.Read more