Tokyo-area average condo price hit record high in fiscal 2021

The average condominium price in Tokyo and neighboring Kanagawa, Saitama and Chiba prefectures in the fiscal year through March rose 6.1% from the previous year to ¥63.6 million, surpassing the previous record of ¥62.14 million, set in fiscal 1990, according to Real Estate Economic Institute Co. | BLOOMBERG

The average unit price of new condominiums put up for sale in the greater Tokyo area in the fiscal year through March rewrote the record high for the first time in 31 years, reflecting surging land and construction materials prices, a private think tank report showed Monday. The average condominium price in Tokyo and neighboring

For some shrinking towns in Japan, depopulation isn’t all bad news

The town of Tokigawa is famous for its idyllic charm and abundance of nature. | COURTESY OF TAKASHI KAZAMA

Source link. — Except for the periodic buzzing of automobiles passing by and the gentle chirping of birds, path 172– the primary road that runs through Tokigawa– was peaceful on a current Wednesday morning.The alleys were primarily empty and the mom-and-pop stores still closed. A refurbished Showa Era-themed hot spring greets locals and travelers alike,

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