According to the Real Estate Economic Institute, 3,366 brand new apartments were released for sale across greater Tokyo in November, up 19.5% from the previous month and up 24.6% from last year.
The average sale price was 55,510,000 Yen, down 0.6% from the previous month but up 7.6% from last year. The average price per square meter was 835,000 Yen, up 3.0% from the previous month and up 11.5% from last year. This is the 8th month in a row to record a year-on-year increase in sale prices.
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