The number of newly built condominiums launched in the Tokyo metropolitan area last month increased by more than 16% from the same month last year, the first increase in two months.
Demand for housing is expected to increase, especially among consumers who spend more time at home due to telework.
According to a private research firm, Real Estate Economic Research Institute, the number of newly built condominiums released last month in Tokyo, Kanagawa, Saitama, and Chiba was 1940, an increase of 16.2% from the same month last year.
It is the first time in two months that the number of units sold has exceeded the same month of the previous year.
Demand for housing seems to be rising, especially among consumers who spend more time at home due to telework, and five properties were sold out on the same day last month.
Inventories have also dropped significantly from the same month last year.
On the other hand, the average price of newly built condominiums in each of the three prefectures is 74.52 million yen, up 24% from the same month last year, and the 23 wards of Tokyo are at a high level, exceeding 100 million yen. ..
The company surveyed said, "With the spread of telework, the movement to seek a larger house has continued for a while. The price side is high due to the rise in construction costs and land prices, but sales are still strong, and the average price will be moderate in the future. However, it may rise. "