Tokyo-Area Condo Price Hits New High in 1st Half of FY 2024

Tokyo-Area Condo Price Hits New High in 1st Half of FY 2024

   Tokyo, Oct. 21 (Jiji Press)--The average price of new condominiums in the Tokyo metropolitan area logged a new record high of 79.53 million yen per unit in the first half of fiscal 2024, Real Estate Economic Institute Co. said Monday.
   The average price in the area, which includes Tokyo and its neighboring prefectures of Saitama, Kanagawa and Chiba, rose from 78.36 million yen a year earlier.
   In Tokyo's 23 wards, the average price climbed 4.5 pct to 110.51 million yen in the April-September period, after topping 100 million yen on a first-half basis for the first time in fiscal 2023.

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