Business · Economy · 16 hrs ago
Asking prices for new homes in Tokyo’s 23 wards dip 0.4% in October
A survey found that asking prices for new small detached houses in Tokyo’s 23 wards fell 0.4% in October.
The average was 95.32 million yen, down from the previous month.
The figures cover new wooden houses with plots of 50 to under 100 square metres.
They include properties within a 30-minute walk of a station or a 20-minute bus ride.
This was the first monthly decline in two months, though the fall was small.
The figures are asking prices, and the survey gives no information about what buyers paid or what prices will do next.
Average asking prices for new small detached homes in Tokyo’s 23 wards fell 0.4% in October from the previous month to 95.32 million yen.
The decline was the first month-on-month fall in two months.
Tokyo-based real estate research firm Tokyo Kantei released the figures on November 9.
The survey covered new wooden detached homes with land plots of at least 50 square metres and under 100 square metres.
Eligible properties were within a 30-minute walk of the nearest station or no more than 20 minutes away by bus.
- Who
- Tokyo Kantei, a real estate research firm, announced the figures.
- What
- The average asking price for new small detached homes in Tokyo’s 23 wards fell 0.4% month on month to 95.32 million yen.
- When
- The figures were for October and were announced on November 9, 2026.
- Where
- Tokyo’s 23 wards.
- Why
- Not stated
This story does not have two clearly opposing sides.
The average asking price for the surveyed homes was 95.32 million yen, down 0.4% from the previous month.
Tokyo Kantei announced the October figures.
- Average asking price
- 95.32 million yen
- Monthly change
- Down 0.4%
- Comparison
- First month-on-month decline in two months
- Survey area
- Tokyo’s 23 wards
- Plot size
- At least 50 square metres and under 100 square metres
- Travel access
- Within a 30-minute walk of a station or up to 20 minutes by bus