apartment prices in the future, how to transition?

The supply number of houses 60,000 door stand, it is low in level after 14 years!

According to the apartment market of the degree of October national capital region of the real estate economic laboratory of November announcement, as for supply number of houses last year the contrastive 9.1% decrease, as for conclusion ratio 62.5% of same month of last year ratio 14.1% down.

It continues to front month and decrease of supply number of houses and slowdown of demand are continued.

In addition, in the same report as for supply number of houses of the national capital region 2007 we have assumed that there is a possibility of dividing 60,000 5,000 doors.If it becomes so, it is after 14 years ever since n/a

Degree of october of
* New sale number of houses…5,731 doors (last year the contrastive 9.1% decrease)
* Conclusion ratio…62.5%
1 door stop average value…4,693 ten thousand Yen (last year contrast 8.0% rise)
Per 1m 2 allotting unit cost…61.4 ten thousand Yen (per 3.3m n/a ten thousand Yen) (last year contrast 3.6% rise)
1 door stop average monopolized area… 76.47m 2
* Average duration…From neighboring station 9.2 amount

When you look at the trend classified by area at anti- against the previous year
* The tokyo Ku section
Sale number of houses 1,638 doors (entire ratio 28.6%)
-1average price per unit…6,299million yen (23.2%up)
-1m 2 unit price per sale…85.9million yen (23.1%up)
· the contract rate70.4%

under-ku, tokyo
-release number of units783door (the overall ratio13.7%)
-1average price per unit…4,459million yen (5.7%up)
-1m 2 unit price per sale…59.3million yen (11.9%up)
· the contract rate50.2%

kanagawa prefecture
-release number of units1,279door (the overall ratio22.3%)
-1average price per unit…4,234million yen (3.6%down)
-1m 2 unit price per sale…54.4million yen (6.8%down)
· the contract rate65.4%

saitama prefecture
-release number of units897door (the overall ratio15.7%)
-1average price per unit…3,721million yen (6.6%up)
-1m 2 unit price per sale…49.9million yen (6.4%up)
· the contract rate54.6%

chiba prefecture
-release number of units1,134door (the overall ratio19.8%)
-1average price per unit…3,822million yen (16.3%up)
-1m 2 unit price per sale…46.6million yen (10.2%up)
· the contract rate62.7%

section is particularly, while maintaining a steady rate contract, sales is graduallyhas been slow to.

or sub-prime aftermath? or deterioration of the balance of supply and demand?

10been closed up again since may, issue of the american sub-prime loan. not only of foreign financial institutions such as citibank and merrill lynch, news of the loss recorded in japanese financial institutions, is flowing in the streets.

also, against rising real estate prices in the country, has also begun to spread a negative view.

some elements of the future apartment prices fall on the next page i will introduce.

fall in land prices rising construction costs

this1year, resources such as high crude oil price increases, construction cost of the apartment has been greatly increased. in the suburban area is a high percentage of construction costs, these rising construction costs in order to put pressure on big business income and expenditure, it is possible that land price apartments that are backwards from the business income and expenditure falls.

land price falls mansion land prices fall house price falls of supply supply price falls mansion.

as increasing the number of units sold detached extended urban decline in land prices was followed by, i think signs of a turning point in market conditions from the house for a short span become cheaper business.

in appreciation of the yen, real estate prices in urban areas falls

i have driven the rise in the price of city center area, foreign investors. from this spring, especially around, european investors in the appreciation of the euro with the dollar was strong american investors, there was a voice that actively approach to real estate of downtown area.

appreciation of the yen in the last few months keynote, real estate prices seen in the foreign currency base has greatly increased. fell significantly as reit listing of the leading role of foreign investors, if the future to sell the real estate holdings, you might also welcome the transformation of the city rise in land prices.

with a delay of building confirmation, increase in the sale of land?

6month20since the revised building standards law was enforced on the day, by delays in distribution of manual examination procedures and examination of stricter, the number of housing starts has decreased significantly nationwide.

greater burden of interest rate apartment project as a business. the purpose of recovery of funds, the case also considered future land condominium will be sold. but, it is limited to smaller businesses, impact may be limited. having said, impact on the domestic economy, such as capital investment is so large manufacturer.

what will happen to price trend of the future? on the next page i will introduce the idea of guide.

followed by a gradual upward trend

there is also delay in building confirmation, period before the start of sales from land acquisition, has been prolonged. also new properties come on the market was supposed to be originally this autumn, sale has been postponed.

considering the acquisition cost, upward trend in the supply price of newly built condominium will continue. however here3years, such as, year-on-year10%up, 20%followed-up areas such as, will be limited.

advantageous situation of the buyer such as a sense, is used such as apartments, the situation will become easy selection. owned property on the market because the current is increasing, you may also bid to be considered in light.

really i should choose asset value

as the price goes down real estate of america, future real estate prices will go up and down to change.

why does not fall downtown property really worth? (5years ago the city center property is also, price is used, large decline) i think that becomes increasingly important in the future whether there is a value for their own apartment.

uphill, downhill, · no way also because i do not think that the party after the purchase after, 200do you buy that apartment was high as a million yen?
you might want to ask yourself what you see.

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