Prices of second-hand apartments in Tokyo's central area have fallen for three consecutive months, with experts suggesting the market may have entered an adjustment phase.

智通财经2026/08/24 06:41

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(1) According to data from Tokyo Kantei, in July, the average price of second-hand apartments in the six core areas of Tokyo was 181.95 million yen, a decrease of 1.7% compared to June, marking the third consecutive monthly decline. (2) Earlier this year, Tokyo housing prices reached a historic high, surpassing the peak of the asset bubble period from the late 1980s to the early 1990s. After that, housing prices began to gradually fall back. (3) Some experts believe that the current continuous price decline may indicate that the market has entered an adjustment phase and that the previous rapid upward trend is being reversed.

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智通财经•2026/08/24 08:01