In July, the average price of new condominiums sold in the Tokyo metropolitan area was more than 63 million yen, down 1.8% from the same month last year and falling for the first time in three months.
However, prices remain at a high level, and research companies believe that the high price trend will not change in the future due to soaring material costs.
According to the research company "Real Estate Economic Research Institute", the average price per unit of newly built condominiums released last month in the three prefectures of Tokyo, Kanagawa, Saitama and Chiba was 63.79 million yen, compared to the same month last year. 1,190,000 yen, or 1.8% below.
It is the first time in three months that the average price has fallen from the same month last year.
This was mainly due to the lack of new high-priced tower apartments in central Tokyo, and the 23 wards of Tokyo were 72.17 million yen, down 13.2% from the same month last year.
However, as a whole, housing demand was strong, with Saitama Prefecture showing 59.75 million yen, 25.9%, Kanagawa Prefecture, with 58.28 million yen, 16%, and Chiba Prefecture, with 46.26 million yen, 3.5%, all exceeding the same month last year. rice field.
The average price of new condominiums sold in the Tokyo metropolitan area last year was 62.6 million yen, which is the highest ever since 1990 during the bubble economy, and has continued to be at a high level since the beginning of this year. it is continuing.
A survey company said, "Even in suburban condominiums, there are active purchases. The sale of properties that will be featured in the autumn is also refraining, and the price of materials is soaring, so the trend of high prices will not change in the future." is.