MoM basis property index: 0.7% drop on housing, 3.3 rise on commercial.
QoQ basis property index: 8.0% rise on office.
Nationwide general housing 134.7, MoM 0.7% decrease
Residential area 111.1(MoM 1.2% increase), single family house 116,5(MoM 0.6% decrease), condominium 188.6(MoM 1.0% decrease).
Nationwide general commercial real estate 136.5, QoQ 3.3% increas
Retail 153.(QoQ 4.9% increase), office 162.6(QoQ 8.0% increase), Condominium/Apartment building 158.9(1.0% increase).
MLIT(Ministry of Land, Infrastructure, Transport and Tourism) recently announced the real estate price index (single house and commercial real estate). General single house real estate figure seasonal adjustment MoM ddropped 0.7%, General commercial real estate figure seasonal adjustment MoM rose 3.3%
Written by Tsuyoshi Hikichi