Japanese Property Market Q1 2016 25 March 2019
Japan’s real GDP grew only 0.7% with a lack of vigor in private consumption in 2015. While housing starts have recovered, the number of new condominium units sold are decreasing and the average price has been rising in the Tokyo metropolitan area. In “Kouji Chika” the average national land price appreciated y-o-y for the first time in eight years and the ratio of appreciating monitoring sites continuously increased.
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