Supply and Price Increases in Tokyo Metropolitan Condominiums
First written in FY2019-Q1. . Latest entry: 2026-08-14.
1 other company's latest entry also says "Other".
- 2026-08-14OtherEarnings
「2026年上半期の首都圏マンションの供給戸数は、前年上期から0.8％減の7,989戸と５年連続の減少となりました。平均価格は13.1％上昇し初の１億円超えとなる１億135万円、平米単価は12.1％上昇し151.4万円と平均価格、平米単価のいずれも過去最高を更新する状況となりました（(株)不動産経済研究所調べ）。」
供給戸数は5年連続で減少し、平均価格と平米単価は過去最高を更新したと記載している。 - FY2026Supply continues to decline, while prices continue to rise and reach new record highsAnnual report
「Supply of condominiums in the Tokyo metropolitan area in FY2025 fell 2.6% from the previous fiscal year to 21,659 units, marking the fourth consecutive annual decline. The average price rose 15.3% to ¥93.83 million and the average price per square meter rose 15.4% to ¥1.419 million. The average price rose for the fifth consecutive year and the average price per square meter for the 14th consecutive year, with both reaching record highs.」
The number of units supplied declined for the fourth consecutive year, while the average price and average price per square meter rose, with record-high prices continuing to be set. - 2026-05-15OtherRevision of earnings forecasts
「2025年度の首都圏マンションの供給戸数は前年度に対し2.6％減の２万1,659戸と４年連続の減少となりました。平均価格は15.3％上昇し9,383万円、平米単価は15.4％上昇し141.9万円と、平均価格は５年連続、平米単価は14年連続で上昇し、過去最高値を更新するという状況となりました」
供給減少が続く一方、平均価格と平米単価の上昇・過去最高値更新が継続している。 - FY2026-H1Supply increases and sharp price increases drive a substantial new record highAnnual report
「Supply of condominiums in the Tokyo metropolitan area in the first half of FY2025 rose 11.1% year on year to 9,150 units, the first increase in 4 years. The average price rose 19.3% to ¥94.89 million and the average price per square meter rose 18.4% to ¥1.431 million. Both the average price and the average price per square meter rose for the third consecutive year, substantially surpassing their previous record highs (according to the Real Estate Economic Research Institute).」
The number of units supplied increased 11.1%, marking the first increase in 4 years, while the average price and average price per square meter rose 19.3% and 18.4%, respectively, marking three consecutive years of increases and substantial new record highs. - FY2025Lower supply, higher prices and new record highsAnnual report
「Supply of condominiums in the Tokyo metropolitan area in FY2024 fell 17.0% year on year to 22,239 units. The average price rose 7.5% to ¥81.35 million and the average price per square meter rose 6.9% to ¥1.230 million. The average price rose for the fourth consecutive period and the average price per square meter for the 13th consecutive period, with both reaching record highs.」
It states that the number of units supplied declined, while the average price and average price per square meter continued to rise and reached record highs. - FY2025-H1Supply reaches a record low while prices continue to riseAnnual report
「Condominium supply in the Greater Tokyo area in the first half of fiscal 2024 decreased 29.7% year on year to 8,238 units, marking the 3rd consecutive year of decline and a record low. The average price rose 1.5% to ¥79.53 million and the average price per square meter rose 1.7% to ¥1.209 million, with both metrics increasing for the 2nd consecutive year, driven in part by growing popularity of high-priced units in central Tokyo (according to the Real Estate Economic Research Institute).」
Condominium supply in the Greater Tokyo area declined 29.7%, marking the 3rd consecutive year of decline and a record low, while the average price and average price per square meter continued to rise. - FY2024Lower supply, higher prices and new record highsAnnual report
「Condominium supply in the Greater Tokyo area in fiscal 2023 decreased 6.4% year on year to 26,798 units. The average selling price rose 9.5% to ¥75.66 million and the average price per square meter rose 10.8% to ¥1.151 million. The average price rose to a new record high for the 3rd consecutive period, while the average price per square meter did so for the 12th consecutive period.」
It states that condominium supply in the Greater Tokyo area declined while the average selling price and average price per square meter increased, with the average price reaching a new record high for the 3rd consecutive period and the average price per square meter for the 12th consecutive period. - FY2024-Q3Lower supply, sharp price increases and new record highsAnnual report
「Condominium supply in the Greater Tokyo area in 2023 decreased 9.1% year on year to 26,886 units. The average price rose 28.8% to ¥81.01 million and the average price per square meter rose 28.9% to ¥1.226 million, with both metrics increasing sharply to new record highs (according to the Real Estate Economic Research Institute).」
Supply declined 9.1% to 26,886 units, while the average price and average price per square meter rose 28.8% and 28.9%, respectively, both reaching new record highs. - FY2024-Q2Lower supply and accelerating price increasesAnnual report
「Condominium supply in the Greater Tokyo area in the first half of fiscal 2023 (April–September) decreased 4.6% year on year to 11,712 units. The average price rose 23.7% to ¥78.36 million and the average price per square meter rose 24.0% to ¥1.189 million, with prices continuing to rise.」
While supply declined 4.6%, the average price rose 23.7% and the average price per square meter rose 24.0%, with prices continuing to increase. - FY2024-Q1Lower supply, sharp price increases and substantially higher record highsAnnual report
「Condominium supply in the Greater Tokyo area in the first half of 2023 decreased 17.4% from the first half of the previous year to 10,502 units, marking the 2nd consecutive year of decline. The average price rose 36.3% to ¥88.73 million and the average price per square meter rose 35.2% to ¥1.321 million, with both substantially exceeding their previous record highs (according to the Real Estate Economic Research Institute).」
Supply declined 17.4% for the 2nd consecutive year, while the average price and average price per square meter rose 36.3% and 35.2%, respectively, substantially exceeding their previous record highs. - FY2023Lower supply, higher prices and new record highsAnnual report
「Condominium supply in the Greater Tokyo area in fiscal 2022 decreased 12.9% year on year to 28,632 units. The average selling price rose 8.6% to ¥69.07 million and the average price per square meter rose 9.0% to ¥1.039 million, with both reaching record highs for the 2nd consecutive period.」
While supply declined, the average price and average price per square meter increased, reaching record highs for the 2nd consecutive period. - FY2023-Q3Lower supply, higher prices and record highsAnnual report
「Condominium supply in the Greater Tokyo area in 2022 decreased 12.1% year on year to 29,569 units. The average price rose 0.4% to ¥62.88 million and the average price per square meter rose 1.6% to ¥951,000, with both metrics increasing to record highs (according to the Real Estate Economic Research Institute).」
Compared with the decline in supply and prices in the first half of fiscal 2022, full-year 2022 saw supply decline 12.1%, while the average price and average price per square meter increased to record highs. - FY2023-Q2Shift to lower supply and lower pricesAnnual report
「Condominium supply in the Greater Tokyo area in the first half of fiscal 2022 decreased 4.2% year on year to 12,271 units. The average price fell 5.5% to ¥63.33 million and the average price per square meter fell 6.1% to ¥959,000, with both metrics declining (according to the Real Estate Economic Research Institute).」
Condominium supply in the Greater Tokyo area declined 4.2%, while the average price and average price per square meter fell 5.5% and 6.1%, respectively. Compared with the previous decline in supply and rise in prices, the price indicators shifted to declines. - FY2023-Q1Lower supply and higher prices continueAnnual report
「In the real estate industry in which our company operates, condominium supply in the Greater Tokyo area in the first half of 2022 decreased 4.2% from the first half of the previous year to 12,716 units, marking the first decline in 2 years. The average price rose 1.5% to ¥65.11 million and the average price per square meter rose 1.6% to ¥977,000, with both metrics increasing (according to the Real Estate Economic Research Institute).」
Condominium supply in the Greater Tokyo area declined 4.2%, while both the average price and the average price per square meter increased. - FY2022Higher supply, accelerating price increases and new record highsAnnual report
「Condominium supply in the Greater Tokyo area increased 13.2% year on year in fiscal 2021 to 32,872 units, exceeding 30,000 units for the first time in 3 years. The average selling price rose 6.1% to ¥63.60 million and the average price per square meter rose 5.2% to ¥953,000, with both reaching new record highs.」
It states that in fiscal 2021 supply increased 13.2% to exceed 30,000 units, while the average price and average price per square meter also increased, reaching new record highs. - FY2022-Q3Supply and price increases continue for the full yearAnnual report
「Condominium supply in the Greater Tokyo area in 2021 increased 23.5% to 33,636 units. The average price rose 2.9% to ¥62.60 million and the average price per square meter rose 1.2% to ¥936,000, with both metrics increasing, reflecting firm demand, particularly in urban areas (according to the Real Estate Economic Research Institute).」
As full-year 2021 market indicators, it shows that condominium supply increased 23.5% and that both the average price and the average price per square meter increased. - FY2022-Q2Shift to higher supply and higher pricesAnnual report
「Condominium supply in the Greater Tokyo area in the first half of fiscal 2021 increased 44.7% year on year to 12,809 units. Despite higher land prices and persistently high construction costs, demand for properties in central Tokyo remained firm, and the average price rose 10.1% to ¥67.02 million, while the average price per square meter rose 9.7% to ¥1.021 million.」
The market indicators changed from the previous figures for the first half of 2021, when supply increased 77.3% and the average price and average price per square meter declined, to the current figures, when supply increased 44.7%, the average price increased 10.1% and the average price per square meter increased 9.7%. - FY2022-Q1Sharp increase in supply, with declines in prices and price per square meterAnnual report
「Condominium supply in the Greater Tokyo area in the first half of 2021 increased sharply by 77.3% to 13,277 units, reflecting a rebound from the decline in supply caused by the state of emergency declared in the first half of the previous year. The average price fell 3.9% to ¥64.14 million and the average price per square meter fell 6.7% to ¥962,000, with both metrics declining (according to the Real Estate Economic Research Institute).」
From the previous trend of lower supply and higher prices, supply increased 77.3% as a rebound from the decline caused by the state of emergency, while both the average price and the average price per square meter declined. - FY2021Higher supply, lower average prices and higher prices per square meterAnnual report
「Condominium supply in the Greater Tokyo area increased 1.7% year on year in fiscal 2020 to 29,032 units. The average selling price fell 1.0% to ¥59.94 million, while the average price per square meter rose 0.4% to ¥905,000. Thus, the average price declined for the first time in 4 years, while the average price per square meter rose for the 9th consecutive year.」
In contrast to the previous trend of lower supply and higher prices, the report states that in fiscal 2020 supply increased 1.7% and the average price fell 1.0%, while the average price per square meter rose 0.4%. - FY2021-Q3Lower supply and higher prices continueAnnual report
「Condominium supply in the Greater Tokyo area in 2020 decreased 12.8% to 27,228 units. Despite the impact of higher land prices and persistently high construction costs, the average price rose 1.7% to ¥60.84 million, while the average price per square meter rose 5.3% to ¥926,000 (according to the Real Estate Economic Research Institute).」
For full-year 2020, supply declined 12.8%, while both the average price and the average price per square meter increased. - FY2021-Q2Lower supply and higher prices continueAnnual report
「Condominium supply in the Greater Tokyo area in the first half of fiscal 2020 declined 26.2% year on year to 8,851 units. Despite higher land prices and persistently high construction costs, demand for properties in central Tokyo remained firm, and the average price rose 1.3% year on year to ¥60.85 million, while the average price per square meter rose 3.3% to ¥931,000.」
Condominium supply in the Greater Tokyo area declined 26.2% year on year, while the average price rose 1.3% and the average price per square meter rose 3.3%. - FY2021-Q1Sharp drop in supply and accelerating price increasesAnnual report
「Condominium supply in the Greater Tokyo area in the first half of 2020 fell sharply, down 44.2% to 7,497 units. Despite the impact of higher land prices and persistently high construction costs, strong demand for properties in central Tokyo drove the average price up 8.7% to ¥66.68 million and the average price per square meter up 13.7% to ¥1.031 million, with both metrics increasing (according to the Real Estate Economic Research Institute).」
While the decline in condominium supply in the Greater Tokyo area widened to 44.2%, the average price and average price per square meter continued to rise, with the increases also accelerating. - FY2020Lower supply and higher prices continueAnnual report
「Condominium supply in the Greater Tokyo area decreased 22.0% year on year in fiscal 2019 to 28,563 units. The average selling price rose 2.2% to ¥60.55 million, while the average price per square meter rose 3.0% to ¥901,000, with both metrics increasing.」
In fiscal 2019, supply declined 22.0%, while both the average selling price and the average price per square meter increased. - FY2020-Q3Lower supply and higher prices continueAnnual report
「Condominium supply in the Greater Tokyo area in 2019 decreased 15.9% to 31,238 units. Despite the impact of higher land prices and persistently high construction costs, the average price rose 1.9% to ¥59.80 million, while the average price per square meter rose 1.2% to ¥879,000 (according to the Real Estate Economic Research Institute).」
It presents 2019 market indicators for Greater Tokyo condominiums, with supply down 15.9%, the average price up 1.9% and the average price per square meter up 1.2%. - FY2020-Q2Shift to lower supply and higher pricesAnnual report
「Condominium supply in the Greater Tokyo area in the first half of fiscal 2018 decreased 5.0% to 15,323 units. Despite the impact of higher land prices and persistently high construction costs, the average price rose 4.2% to ¥60.06 million and the average price per square meter rose 4.9% to ¥901,000, with both metrics increasing (according to the Real Estate Economic Research Institute).」
Supply declined 5.0%, while both the average price and the average price per square meter increased. - FY2020-Q1Shift to lower supply and higher pricesAnnual report
「Condominium supply in the Greater Tokyo area in the first half of 2019 decreased 13.3% to 13,436 units. Although land price increases and persistently high construction costs had an impact, strong demand for properties in central Tokyo drove the average price up 2.9% to ¥61.37 million and the average price per square meter up 3.7% to ¥907,000, with both metrics increasing (according to the Real Estate Economic Research Institute).」
Where the previous annual figures showed a slight decline in unit sales and increases in the average price and average price per square meter, supply in the first half of 2019 fell 13.3%, while the increases in the average price and average price per square meter accelerated. - FY2019Updated to annual market indicatorsAnnual report
「Sales of new condominiums in the Greater Tokyo area decreased 0.5% year on year in fiscal 2018 to 36,641 units, while the average selling price rose 0.1% to ¥59.27 million. The average price per square meter also rose 1.3% to ¥875,000.」
The indicators were updated from quarterly and calendar-year figures to fiscal 2018 figures. Unit sales declined, while the average price and average price per square meter increased. - FY2019-Q3Higher supply, lower average prices and higher prices per square meterAnnual report
「Condominium supply in the Greater Tokyo area in 2018 increased 3.4% to 37,132 units. Although land price increases and persistently high construction costs had an impact, the average price fell 0.6% to ¥58.71 million. The average price per square meter, meanwhile, rose 1.2% to ¥869,000 (according to the Real Estate Economic Research Institute).」
The combination of market indicators changed from lower supply, lower average prices and lower prices per square meter to higher supply, lower average prices and higher prices per square meter. - FY2019-Q2Market indicators reversed course and declinedAnnual report
「Condominium supply in the Greater Tokyo area in the first half of fiscal 2018 decreased 5.0% to 15,323 units. Despite the impact of higher land prices and persistently high construction costs, the average price fell 3.8% to ¥57.62 million and the average price per square meter fell 1.8% to ¥859,000, with both metrics declining (according to the Real Estate Economic Research Institute).」
Compared with the previously reported increase in supply and rise in prices, the current report shows declines in supply, average prices and average prices per square meter. - FY2019-Q1First statedAnnual report
「Condominium supply in the Greater Tokyo area in the first half of 2018 increased 5.3% to 15,504 units. Although land price increases and persistently high construction costs had an impact, strong demand for properties in central Tokyo also drove the average price up 1.3% to ¥59.62 million and the average price per square meter up 2.9% to ¥875,000, with both metrics increasing (according to the Real Estate Economic Research Institute).」
It provides figures showing increases in condominium supply, average prices and average prices per square meter in the Greater Tokyo area.