It was found that the average price of newly built condominiums sold nationwide last year was 51.21 million yen, a record high for the sixth consecutive year.
A private research company says that prices continue to rise against the backdrop of the sale of condominiums in highly convenient and popular areas and soaring material prices.
According to the private research firm Real Estate Economic Research Institute, the average price per unit of new condominiums sold nationwide last year was 51.21 million yen.
It has increased by 0.1% from the previous year and set a record high for the sixth consecutive year.
By region, the Tokyo metropolitan area was 62.88 million yen, up 0.4% from the previous year, which was the highest ever, and the Kinki area was 46.35 million yen, up 1.6% from the previous year, the highest in 31 years since 1991. level.
On the other hand, the number of new condominiums sold nationwide last year was 72,967 units, down 5.9% from the previous year.
The real estate economic research institute, which conducted the survey, said, "Prices continue to rise due to the increasing trend to sell newly built condominiums in highly convenient and popular areas, as well as soaring material prices. We expect that the average price will rise this year as new condominiums are being constructed one after another along with redevelopment projects.