Average price of newly built condominiums in the Tokyo metropolitan area High level since the bubble period 17:41 on January 22
The number of newly built condominiums released in the Tokyo metropolitan area over the past year has dropped by 15% compared to the previous year, the lowest in 19 years since 1992, just after the burst of the bubble. On the other hand, the average price per house rose to 59.8 million yen, the first time in 29 years.
According to the private research firm Real Estate Economic Research Institute, the number of newly built condominiums sold in Tokyo, Kanagawa, Saitama and Chiba in the three prefectures last year was 31,238 units, down 15.9% from the previous year. have become.
This is because it is the first time in 27 years since 1992, right after the burst of the bubble, and it is difficult to secure land with good conditions, such as near a train station.
On the other hand, the average price per unit increased by 1.9% from the previous year to 59.8 million yen, rising to the first level in 29 years since 1990 in the bubble period due to soaring labor costs and rising material prices. .
The Real Estate Economic Institute said, "Securing condominium land is competing with hotels and offices, and it is expected that construction of condominiums in urban areas will remain difficult. Condominium prices will remain high in the future." You.