Tokyo apartment sale prices increase for 55th month
According to REINS 3,163 second-hand apartments were sold across greater Tokyo in April, down 15.0% from the previous month and down 4.0% from last year. The average sale price was 32,450,000 Yen, up 3.2% from the previous month and up 11.2% from last year. This is the first time since December 2014 that year-on-year double-digit growth has been reported.
The average price per square meter was 504,000 Yen, up 2.3% from the previous month and up 8.4% from last year. The average building age was 20.09 years.Read more