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Custom home starts, rental starts, condo and subdivided house starts saw double digit increases.
Savills Investment Management joins industry peers to make the case for higher institutional inflows targeting Japan multifamily investments.
Average prices calculated for the Greater Tokyo Area registered the highest since January of 2017.
Japan’s nationwide sales listings decreased single digits while rental listings increased double digits for the month.
Tokyo ranks as 3rd best city to live when compared to global peers according to the report.
The Urban Land Institute and PricewaterhouseCoopers collaborated on the 16th edition of the forward looking report for the region.
Tokyo, Saitama and Kanagawa prefectures rise while Chiba remains unchanged from previous month.
October’s average rent per square metre rose above 3,300 JPY for the first time since tracking began.
Rising prices still point to supply shortage and not decreased buyer demand as the main reason for the decline.
Highlights from the Jones Lang LaSalle report released September of 2021.
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