New condo prices in greater Tokyo area rise again

TOKYO, March 24 (Xinhua) — Prices for new condominiums in Tokyo’s broader metropolitan area continue to climb, rising in February from a year ago for the fourth straight month amid tight supply, according to figures released by the Real Estate Economic Institute.

Prices of such properties in Tokyo, Kanagawa, Chiba and Saitama prefectures rose 5.1 percent last month, with average prices reaching 71.2 million yen

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