The average price of newly built apartments in Japan's capital rose 39.4% from the previous year, the Real Estate Economic Institute said on Thursday.
($1 = 147.7300 yen)
(Reporting by Mariko Katsumura; Editing by Christopher Cushing)
Delayed 07:17:14 2024-07-18 EDT | 5-day change | 1st Jan Change | ||
0.5651 CHF | -0.21% |
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-0.12% | -5.22% |
02:01am | DIARY-Top Economic Events to September 30 | RE |
07-16 | DIARY-Top Economic Events to September 30 | RE |
TOKYO (Reuters) - The price of new apartments in Tokyo leapt to a record 114.8 million yen ($777,093) in 2023, pushed up by rising labour and construction costs as well as an influx of foreign investors on back of the yen's slide to a multi-decade low.
The average price of newly built apartments in Japan's capital rose 39.4% from the previous year, the Real Estate Economic Institute said on Thursday.
($1 = 147.7300 yen)
(Reporting by Mariko Katsumura; Editing by Christopher Cushing)
Price
|
Change
|
5d. change
|
Capi.
| ||
---|---|---|---|---|---|
12,209 PTS | +0.97% | +1.70% | - | ||
2,869 PTS | -1.60% | -2.07% | - | ||
203.1 JPY | +0.29% | -0.64% | - | ||
171 JPY | +0.41% | -0.62% | - | ||
156.5 JPY | +0.52% | -1.15% | - | ||
114.4 JPY | +0.48% | -1.55% | - | ||
105.3 JPY | +0.53% | -1.68% | - | ||
94.99 JPY | +0.37% | -1.50% | - | ||
1.871 JPY | +0.13% | -1.89% | - | ||
0.5651 CHF | -0.21% | -0.12% | - | ||