TOKYO -- New condominiums coming on the market in the Tokyo region increased by the smallest volume on record last year, according to industry data, contributing to a run-up in prices.
2024 saw record-low amount of new units come on market
Units at the Mita Garden Hills development in central Tokyo are hot on the resale market. (Photo by Naoyuki Toyama)
TOKYO -- New condominiums coming on the market in the Tokyo region increased by the smallest volume on record last year, according to industry data, contributing to a run-up in prices.