The number of new condominiums launched in the Tokyo metropolitan area last month fell 6.7% from the same month last year.
The main factor was the low supply of large properties.
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 2311 units, a decrease of 6.7% from the same month last year. bottom.
It is the first time in two months that the number of units sold has fallen below the same month of the previous year.
This is because each company closed the model room due to the influence of the new coronavirus last spring, so the reaction to the increase in the supply of properties from around the summer and the autumn sales season that will start in earnest next month, the large property The main factor was the low supply.
On the other hand, condominium prices in the Tokyo metropolitan area continue to rise.
The average price per unit was 65.84 million yen, up 13.3% from the same month last year.
Five properties sold out on the same day, including properties with an average of over 100 million yen per unit, and inventories fell by more than 800 units from the same month last year, so consumer housing demand remains high, according to a research firm. I'm watching.
According to the company, "The demand for condominiums and single-family homes is still high due to the change in working style due to the corona virus. Land acquisition continues to be difficult."