Tokyo Jan condominium sales down 11.6 pct yr-on-yr, Osaka sales fall 23.7 pct |
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Thu, 15 Feb 2007 05:31
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TOKYO (XFN-ASIA) - The number of apartments in condominiums sold in metropolitan Tokyo last month dropped 11.6 pct from a year earlier to 2,868, the Real Estate Economic Institute said.In December, sales rose 1.5 pct.In metropolitan Osaka, the number of apartments sold last month fell 23.7 pct year-on-year to 1,033, faster than the 18.0 pct decline in December.The average price of an apartment in a condominium in Tokyo was 38.56 mln yen in January, 7.1 pctmore than a year earlier. The average price per square meter of apartments in condominiums was 520,000 yen, down 7.1 pct from a year ago.In metropolitan Osaka, the average price of an apartment in a condominium last month was 31.65 mln yen, down 0.4 pct from a year earlier, while the average price per square meter increased 1.4 pct to443,000 yen.The institute's data for metropolitan Tokyo cover sales within the capital and the neighboring prefectures of Kanagawa, Chiba and Saitama, but not Ibaraki prefecture.The data for metropolitan Osaka cover sales within the city and the neighboring prefectures of Hyogo, Kyoto, Shiga, Nara and Wakayama.(1 usd = 120.15 yen)kaori.kaneko@xfn.comkk/mas
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Tokyo shares outlook - Easier in cautious trade ahead of BoJ policy decision 