Number of newly built condominiums in the Tokyo metropolitan area hit record low Corona impact October 20, 14:37

The number of newly built condominiums released in the Tokyo metropolitan area in the six months to last month was 8851, a decrease of 26.2% from the same period last year.

This is the lowest level ever, below 1992 after the burst of the bubble economy.

The main reason for this is that the number of people refraining from going out due to the influence of the new coronavirus has increased, and the sales activities of real estate companies have been restricted.