Changes in market price of condominiums has been appeared

Realized price “of residential quarter” of the national capital region and the “old apartment” is inspected 3 months, the up-to-date data of “Nomura real estate urban net actual investigation” was published.This time it is investigation of the October 1 day and time point.As for residential quarter price of land and old apartment price, a state where about 2 years it is stabilized together was continued, but it seems that a little change appears.Presently, the person who examines purchase is main point check.

“Weakness to include”, in empty “downward movement” conversion?

* When it clicks, it expands.

As for the price coefficient of fluctuation for the last time of 3 months ago, residential quarter price of land being the national capital region even, 0 1.0%, old apartment price became 0 0.9%.Previous investigation compared to depreciation width has expanded together.Nearly 2 years it seems that end is struck in the stable tendency which is continued.Rather than “weakness it includes and” with saying you can say that the expression that “it changed to decline tendency”, actualized.

* When it clicks, it expands.

When ratio of the investigation position is divided into “price increase” “stability” “decline”, the price increase position decreases, it is in a state where the decline position increases.As a whole it is in a state where still “stability” is many, but it becomes matter of concern among those for the decline position of the old apartment gradually to have increased, (figure 2 reference).also, looking at the movement of the base year of condominium, drops point is54.6%you have exceeded the half and.

3prices fell continuously in all areas for the first time in years

also by region, land and condominium residential land price fell in all areas together. this is about3is a phenomenon for the first time in years.

click to enlarge.

for residential land prices, the tokyo metropolitan area, negative kanagawa area0.5%because the following, up and turned to the price drop is not very. in contrast, minus the rate of decline in saitama, chiba prefecture2%and near the level of, downward trend can be seen.
mansion is used saitama, minus width of tokyo metropolitan area is greater, along with chiba. year rate of change is part of tokyo2.8%and the decline of, minus width has become the largest in the metropolitan area.

these moves are, image of earthquake liquefaction of east would say that the market is also casting a shadow. that is, among shinagawa section of tokyo, minato, chuo-ku,, can be seen that the trend reflects the weakening of the gulf area, such as koto. in this area, used for the transaction of the apartment has been subject to fewer land transactions, i have strongly affected the market price of the apartment was used. this condo is also used residential, the low rate of change of under-ku, tokyo, it is expected that the trend reflects the stability of inland.

the large rate of decline in both residential and condominium chiba prefecture, liquefaction in the image and inland of the gulf area hot spot appears to have affected the image of the.

in contrast, movement in saitama prefecture is not facing the sea, impact of the earthquake rather than relative suburbs needs degradation of appears to be largely due the relationship between supply and newly built condominium. of the tokyo condominium price falls slightly, of work location and again proximity workplaces it may be said that the eyes peeled towards the city center can be realized is.

in the next page, will discuss the relationship between movement and the future of newly built condominium. >>

trend of the apartment is used, greater impact of new construction

apartment prices have fallen it is used, there is also a relationship between the newly built condominium price. is for the following reasons:.

many of the newly built condominium had been temporarily stop the supply after the earthquake, began to resume the sale before the summer. moreover, there is no less property was built in the land was turned down from buying cheaper land prices after the collapse of lehman brothers. many properties will be set to lower its selling price for, and condominiums shrinking price difference it has been.
as a result, used in the new apartment was built in the year will also be seen as more expensive property with a sense of, i have slowed down trading.

what happens if the future supply of newly built condominium. depending on its movement, to spread to the market price of condominiums

what happens is owned apartment prices in the future, will be greater movement of the newly built condominium. signs new construction apartment prices to rise significantly at the moment there is no. but, purchase price of land for condominium developers seems to have risen considerably. less suitable sites mansion, 1tsuriaga~tsu price, because this will make developers more than one conflict to two projects.

is a slight rise in price of materials for construction costs have also risen. when it comes to, 1~2years ahead is likely to rise new construction apartment prices will be higher. you might come up if used in conjunction with exchange rate also rises new construction.

used a fast rate speed and begin to move

mood depression spreading, that time it has been slow real estate transactions are, in fact, for the buyer opportunity for easy selection true and. when i try to wait until market conditions improve, when i noticed is, it is not uncommon to have risen quickly.

for example,2008years immediately after the collapse of lehman brothers in10month~12the moon is no longer trading as pattari. was ready to wait and see everyone. it has been said for a while and does not recover, 09of the year early next yeartrade began to recover from the unexpected, i went rapidly disappeared from prime cheaper.

in fact08of year10~12who wish to purchase are moving to also purchase a month was. such cases there is reason to really want to move during the year, is there some reason people. only acted in accordance with honest to personal timing, will not necessarily always consciously rebelled against the bandwagon. but, for the people around had become cautious, less competitive opponent, you are now trading at favorable terms. as a result most wise purchase would also say that it was able.

and to recover quickly from this time next year does not necessarily. if you are just aimed at the timing of the purchase, what is not often a chance to say it better to put off the mark early.

price trends of the next2012month2will be posted in may.

(related article)
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also leveled off this year? 2011condominium market trends first year

(related sites)
nomura real estate urban net prevailing research