Market trend: Sales of apartments in Tokyo Metropolitan area

Dear Investors:

 

 

 

 

 

 

 

Real Estate Economic Institute, a think-tank for real estate industry in Japan, summarizes a recent market trend for sales of apartments in Tokyo Metropolitan area as follows

 

 

 

For 2010, supply of apartments for sale has been 3,779 for May, which is a 7.1% increase from the previous year.  But average price and unit price of sold apartment units will remain the same level as previous year or may increase a bit relative to previous year because contract ratio is improving.  Contract ratito for May is 77.0%, which is a 6.4-point up from the previous year.  Average price of sold apartments is 46,630,000 yen, which is a 2.5-percent increase from the previous year. 

 

 

 

We hope you will find this information helpful.

 

 

 

Best regards,

 

 

 

Minato Asset Management

Bookmark this on Google Bookmarks
Post to Google Buzz
Buzz This
Share on FriendFeed
[`buzzurl` not found]
Bookmark this on Delicious
Bookmark this on Digg
Share on Facebook

Posted in admin
Posted in Chiyoda-ku, Chuo-ku, Minato-ku, Tokyo real estate market, Tokyo real estate view, Uncategorized

Related article

Leave a Reply

Track Back

Market trend: Sales of apartments in Tokyo Metropolitan area”'s Track Back URI
Follow minato_asset_e