Official announcement of real estate price index (June 2023 and 2nd quarter of 2023) MoM basis real estate price index: 1.7% rise on housing, 0.8% rise on commercial.
【POINT】 (1) Housing real estate price index (June 2023. Figure seasonally adjusted) Nationwide general housing 136.1, MoM 1.7% increase Residential area 115.6(MoM 4.0% increase), single family house 116,9(MoM 0.1% increase), condominium 191.4(MoM 1.0% increase).
(2) Commercial real estate price index (2nd quarter of 2023. Figure seasonally adjusted) Nationwide general commercial real estate 137.5, QoQ 0.8% increase Retail 154.3(QoQ 0.3% increase), office 159.1(QoQ 1.7% increase), Condominium/Apartment building 160.1(0.9% increase).
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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 rose 1.7%, General commercial real estate figure seasonal adjustment MoM rose 0.8%.
Written by Tsuyoshi Hikichi