By clicking send message I agree to the terms and conditions, privacy policy and to receive correspondence from RETHINK Tokyo and Williams Media.
Reinforced concrete multi family yields declined for the ninth straight quarter due to rising prices.
According to survey data released by the SUUMO Research Institute.
March data saw prices rise but transaction volume dropped 19 percent possibly showing early signs of market slowdown.
Brand new prices dropped 5 percent while second hand home prices rose 12 percent.
Down the most were Flat 35 loans at minus 14 percent from the same timeframe in 2020.
New inventory seems to be tapping into previously unmet demand according to Savills Japan research.
According to recent estimates calculated by Sumitomo Mitsui Trust Bank.
Sales listings continue a 23 month decline while rental listings increased for the 14th straight month.
Tokyo, Kanagawa and Chiba prefectures rose while Saitama declined with Osaka Prefecture printing the most aggressive rent rise.
Increased focus on enhanced home spaces due to the pandemic continues to drive earnings according to Yano Research.
Keep the conversation going with REthink Tokyo via our free newsletter
Keep the conversation going with RETalk Asia via our free newsletter
Home