Halkalı Halı Yıkama Beylikdüzü Halı Yıkama Bahçeşehir Halı Yıkama seocu
Latest News

Japan’s Housing Market Remains Healthy

The average price of existing condominiums in Tokyo rose by 3.04% during the year to Q1 2019, from y-o-y rises of 0.61% in Q4 2018, 0.22% in Q3 2018, 3.89% in Q2 2018 and 4.59% in Q1 2018. During the latest quarter, existing condo prices increased 2.96%.

Likewise the average price of new condos in Tokyo rose by 3.9% y-o-y in Q1 2019, an improvement from an annual decline of 0.53% in the previous quarter but a slowdown from a growth of 13.56% a year earlier.

Demand and supply rising 

Existing condominium sales in Tokyo rose by 3.8% to 10,313 units in Q1 2019 from a year earlier, according to The Land Institute of Japan, while sales of existing detached houses in Tokyo increased 7.4% y-o-y to 4,948 units over the same period. Likewise, dwelling starts in Japan rose by 5.2% to 215,611 units in Q1 2019 from a year earlier.

Rents, rental yields: poor yields at 2.66%

Tokyo apartment costs are high, at around $16,322 per sq. m.

Japan: typical city centre apartment buying price, monthly rent (120 sq. m)
Buying priceRate per monthYield

Recent news: The Japanese economy saw a surprise 2.1% y-o-y growth in Q1 2019, up from an expansion of 1.6% in the previous quarter, thanks to increased government spending. The economy is expected to expand by 1% this year, from annual growth of 0.8% in 2018, 1.9% in 2017, 1% in 2016, 1.4% in 2015, and 0.4% in 2014, amidst the backdrop of uncertain global trade environment caused by the Trans-Pacific trade war, which is heavily impacting China – Japan’s leading trade partner. The impending sales tax hike from 8% to 10% in October 2019 is also expected to weigh on consumer spending this year.

READ MORE:  Obaseki’s land, other reforms, triggered our interest in Edo State – Chinese Ambassador, MIXTA Africa Boss

Source: globalpropertyguide

Previous ArticleNext Article

Leave a Reply

Your email address will not be published. Required fields are marked *

mersin escort bayan mersin escort bayan mersin escort bayan mersin escort bayan erotik film izle erotik film malatya escort bayan malatya escort bayan malatya escort bayan malatya escort bayan
Share via
Copy link
%d bloggers like this:
Kıbrıs gece kulüpleri