Wednesday, June 23rd, 2010
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.
Minato Asset Management
Posted in admin
Posted in http://blog.realestate-minato.com/essay-on-the-united-nations/, write reflective journal essay, honesty essays, Tokyo real estate market, Tokyo real estate view, Uncategorized