TOKYO -- Average prices for new apartments in Japan's capital hit a record high in 2023, according to figures released Thursday by the Tokyo-based Real Estate Economic Institute, pushed up by the rising cost of land and construction.
Property
Tokyo apartment prices hit record at nearly $800,000 in 2023
Average cost of new condos soars, with strong demand for swanky properties
Buying a newly built apartment in Japan's capital last year was more expensive than ever before. (Photo by Nikkei)
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