Tokyo existing condo prices climb faster as new supplies shrink

Affluent class snaps up property on back of rising stock prices

20251023N Tokyo

Preowned condos in Tokyo attract homebuyers and investors alike, particularly in the six central wards.  (Photo by Tomoki Mera)

MISAKI MORIKAWA

TOKYO -- Prices of existing condominiums in Tokyo are rising at a faster clip, as homebuyers priced out of new condos shift to preowned units.

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