Sales listings continue a 23 month decline while rental listings increased for the 14th straight month.
On March 22nd, The Real Estate Transaction Promotion Center announced the status of REINS Nationwide Usage Report for February of 2022.
The number of new property listings for both sales and leasing in February was 357,213 listings, down 5.6% Year-on-Year (YoY), the second consecutive monthly decline.
The number of contracts reported decreased for the eighth consecutive month to 52,704 (down 9.1% YoY).
The total number of registered properties was 838,038 (up 6.5% YoY), marking the seventh consecutive month of overall growth.
The number of new listings for sale decreased for the 23rd consecutive month to 84,288 (down 21.0% YoY).
The number of sales contracts reported declined for the eighth consecutive month to 14,916 (down 10.3% YoY).
The total number of registered properties was 298,777 (down 5.3% YoY), a decline for the 20th consecutive month.
The number of newly registered rental properties increased again to 272,925 (up 0.5% YoY).
The number of reported contracts fell for the first time in three months to 37,788 (down 8.6% YoY).
The total number of registered listings increased for the 21st consecutive month to 539,261 (up14.4% YoY).
REINS Nationwide Usage Report for February of 2022 (Japanese only)