As expected, transactions of second-hand apartments for the month of April have plummeted as buying activity sours during the coronavirus pandemic and state of emergency. A total of 1,629 apartments were reported to have sold across greater Tokyo in April, down 55.3% from the previous month and down 52.6% from last year. This is the biggest decline seen since REINS began recording data in May 1990.

This content is available to paid subscribers only.

Sharing information on Japan’s real estate market has been a long passion dating back 14 years. However, gathering and preparing this content takes hours and hours each week. By joining our monthly subscription service, you can access over 3,200 articles dating back 14 years. Best of all, you’ll be supporting us in our endeavor to continue to provide investors with on-the-ground, expert information.

To join our paid subscription service and access over 3,200 news articles on Japan's real estate market, please register here.

Already a paid member? Log-in using your details below.