New apartment supply in Kyoto increases for first time in 5 years
The supply of brand new apartments released for sale in Kyoto City in 2018 increased for the first time in 5 years to 1,277 units. This was a 4.7% increase from 2017. Supply in the city center, however, is exceedingly low with developers focusing on building hotels to cater to the city’s booming tourism industry.