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Prices of second-hand apartments continue to rise

In March 2022, the contract price of existing condominiums nationwide increased 7.1% year-on-year and the contracted price per square meter increased 8.7%, both of which were positive for 22 consecutive months. This news means that the value of second-hand condominiums in Japan continues to increase faster than the consumer price index. The trend is beneficial for condominium owners and residential real estate investors.

Source (Japanese)

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