Tokyo apartment sale prices increase for 68th month
According to REINS, 2,785 second-hand apartments were reported to have sold across greater Tokyo in May, down 14.0% from the previous month and down 6.6% from last year. The average sale price was 33,050,000 Yen, down 1.8% from the previous month but up 4.2% from last year. The average price per square meter was 510,700 Yen, down 1.9% from the previous month but up 3.2% from last year. This is the 65th month in a row to see a year-on-year increase in sale prices.Read more