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Tokyo Used Condo Prices Drop for Third Month in Correction Sign

Bloomberg Markets Monday 24 August 2026, 06:24 UTC By Ryo Horiuchi 1 min read
Key Points

Tokyo Used Condo Prices Drop for Third Month in Correction Sign Used condominium prices in central Tokyo fell for the third straight month in July, suggesting to some experts that the market is in a correction stage after a period of record gains. The average price in the Japanese capital’s six central districts known as wards was ¥181.95 million ($1.15 million), a decrease of 1.7% from June, Tokyo Kantei Co. wrote in a report published Monday. The pace of decline accelerated from 1.3% in...

Tokyo Used Condo Prices Drop for Third Month in Correction Sign Used condominium prices in central Tokyo fell for the third straight month in July, suggesting to some experts that the market is in a correction stage after a period of record gains. The average price in the Japanese capital’s six central districts known as wards was ¥181.95 million ($1.15 million), a decrease of 1.7% from June, Tokyo Kantei Co. wrote in a report published Monday. The pace of decline accelerated from 1.3% in June, data from the Japanese real estate research firm show. Prices were adjusted to represent 70 square meter units.
Tokyo (LOCATION) Correction Sign Tokyo (EVENT) Japanese (ORG) Tokyo Kantei Co. (ORG)
Originally published by Bloomberg Markets Read original →

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