The average sales price of second-hand residential buildings in the 23 wards of Tokyo in Japan in August 2024 was 77.5 million yen, up 2.6% from the previous month, the biggest increase in 17 years. Due to sharp fluctuations in stock prices, investors' demand for relatively stable real estate assets has increased. Furthermore, the declining trend in residential buildings for sale is also supporting the market.

Zhitongcaijing · 09/28 00:33
The average sales price of second-hand residential buildings in the 23 wards of Tokyo in Japan in August 2024 was 77.5 million yen, up 2.6% from the previous month, the biggest increase in 17 years. Due to sharp fluctuations in stock prices, investors' demand for relatively stable real estate assets has increased. Furthermore, the declining trend in residential buildings for sale is also supporting the market.