Intensifying competition for property acquisitions at auctions

「中古住宅販売においては、新築価格の高騰を背景に需要は高まった一方で、新築のローコスト住宅などとの競合により厳しい市場環境が続き、販売棟数は29棟（前年同期比２棟減）となりました。」

「In used-home sales, demand increased against a backdrop of soaring new-home prices, but difficult market conditions continued amid competition from low-cost new homes and other products, and sales were 104 homes, down 18 homes from the previous fiscal year.」

「In existing-home sales, demand for existing homes increased against a backdrop of soaring new-home prices, but the business environment remained challenging due to higher acquisition prices and continued competition in sales from low-cost new homes. The number of homes sold was 49, down 15 year on year, although」

「In existing-home sales, distribution prices rose due to higher new-home prices, and difficult conditions continued, including competition from low-cost new homes.」

「In existing-home sales, the impact of soaring new-home prices drove up property acquisition prices and, consequently, selling prices. The difficult conditions continued, with sluggish demand and intensifying competition from low-cost newly built subdivision homes.」

「In existing-home sales, rising acquisition and renovation costs pushed up selling prices year on year. In addition, demand remained sluggish and the order environment continued to be challenging, with major builders visibly reviewing the prices of new low-cost homes. Under these conditions, the number of homes sold in the first 3 quarters of the fiscal year was 92, down 7 year on year.」

「Competition also emerged from low-cost new homes supplied by major builders, and the challenging order environment continued. Against this backdrop, the number of homes sold during the cumulative second quarter of the consolidated fiscal year was 57, down 9 year on year.」

「As a decline in demand for housing purchases due to rising prices and a challenging order environment resulting from intensifying competition continued, the number of homes sold during the cumulative first quarter of the consolidated fiscal year was 27, down 8 year on year.」

「As a result, although profit increased during the cumulative second quarter of the consolidated fiscal year due to improved profit margins and other factors, the number of homes sold was 66, down 9 year on year, partly due to intensified competition from other companies.」

「In existing-home sales, demand for existing homes remained high and selling prices continued to trend upward during the COVID-19 pandemic. On the other hand, competition in acquisitions intensified.」

「In existing-home sales, the company continued working to expand the number of homes sold by building up product inventory, although the impact of intensifying competition from other companies continued.」

「However, during the first half, the number of acquisitions through the auction channel was forced to decline substantially year on year due to the suspension of bidding and other factors associated with the spread of COVID-19. Although acquisitions began to recover in the third quarter, the impact of lower product inventory remained on sales.」

「In existing-home sales, the company continued working to expand the number of homes sold by building up product inventory. However, customer restraint from going out due to the spread of COVID-19 and the suspension of auction bidding through July this year affected both acquisitions and sales.」

「In existing-home sales, as acquisition conditions deteriorated, including the suspension of auction bidding, the company worked to secure product inventory to expand the number of homes sold.」

「As competition for acquisitions intensified, the company worked to strengthen acquisitions and shorten the time required to prepare properties for sale.」

「As competition intensified in terms of acquisitions, with the goal of maintaining completed inventory at 80 properties at all times」

「As competition intensified in terms of acquisitions, with the goal of maintaining completed inventory at 80 properties at all times」

「As competition intensified in terms of acquisitions」

「As competition at auctions intensified in terms of acquisitions」

「As competition at auctions intensified in terms of acquisitions, the company worked to strengthen acquisitions with the goal of maintaining completed inventory at 70 properties at all times.」

「As competition at auctions intensified, the company worked to strengthen acquisitions with the goal of maintaining completed inventory at 70 properties at all times, which increased total inventory, although completed inventory remained below the target level at times.」