TOKYO -- Average apartment rents in the greater Tokyo area fell 0.9% in November compared with the month before, dropping for the fifth consecutive month from a record high.
Short supply of new units brings down average from June high

Apartment rents in Tokyo have reversed course after a sharp run-up earlier this year. (Photo by Mizuho Miyaguchi)
TOKYO -- Average apartment rents in the greater Tokyo area fell 0.9% in November compared with the month before, dropping for the fifth consecutive month from a record high.