Even as the number of closed transactions for existing condominiums in Tokyo’s 23 wards declines for the fifth consecutive month, demand is not necessarily falling! Understanding real estate market conditions through data (Page 2)

The article uses data to examine the decline in closed transactions in Tokyo’s 23-ward existing-condominium market for the fifth consecutive month, the possibility that a ¥70 million price barrier is emerging, and the impact of rising interest rates on the prices buyers can afford.