BusinessPolitics

Moderate impress of most modern Tokyo house jumps in 2023, units file


Investing.com - Financial Markets Worldwide

Quotes


All Instrument Kinds

  • All Instrument Kinds
  • Indices
  • Equities
  • ETFs
  • Funds
  • Commodities
  • Currencies
  • Crypto
  • Bonds
  • Certificates

Please try any other search


Printed Jan 25, 2024 12:37AM ET

Moderate impress of most modern Tokyo house jumps in 2023, units file
© Reuters. FILE PHOTO: Excessive-upward thrust buildings below building are viewed at dusk in Tokyo, Japan November 30, 2023. REUTERS/Issei Kato/File Characterize

TOKYO (Reuters) – The associated fee of most modern flats in Tokyo leapt to a file 114.8 million yen ($777,093) in 2023, pushed up by rising labour and building costs as neatly as an influx of foreign investors on encourage of the yen’s breeze to a multi-decade low.

The average impress of newly constructed flats in Japan’s capital rose 39.4% from the old year, the Accurate Property Economic Institute acknowledged on Thursday.

($1 = 147.7300 yen)

Moderate impress of most modern Tokyo house jumps in 2023, units file

Associated Articles

Learn More