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Japan’s nationwide sales listings decreased single digits while rental listings increased double digits for the month.
Tokyo ranks as 3rd best city to live when compared to global peers according to the report.
The Urban Land Institute and PricewaterhouseCoopers collaborated on the 16th edition of the forward looking report for the region.
Tokyo, Saitama and Kanagawa prefectures rise while Chiba remains unchanged from previous month.
20 large firms surveyed increased brokerage revenue compared to the same time frame in the previous year.
Brandon Smith, Director of RE recruiting for East West Consulting shares perspective on property staffing in the new normal.
October’s average rent per square metre rose above 3,300 JPY for the first time since tracking began.
Total revenue reached a new all time high for the firm.
Rising prices still point to supply shortage and not decreased buyer demand as the main reason for the decline.
Motivating factors for the purchase were cited as being long term resiliency and limited net new supply.
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