{"id":14245,"date":"2023-04-18T08:25:03","date_gmt":"2023-04-18T08:25:03","guid":{"rendered":"http:\/\/lynettelockhart.com\/client\/average-price-of-new\/"},"modified":"2023-04-18T08:29:34","modified_gmt":"2023-04-18T08:29:34","slug":"average-price-of-new","status":"publish","type":"post","link":"http:\/\/lynettelockhart.com\/client\/average-price-of-new\/","title":{"rendered":"Average price of new Tokyo apartment passes 100 million yen for first time"},"content":{"rendered":"<p>TOKYO (Reuters) &#8211;     The average sales price for newly-built apartment units in Japan&#8217;s metropolitan Tokyo area jumped to 143.6 million yen ($1.07 million) in March, topping the 100 million yen mark for the first time, data showed on Tuesday.<\/p>\n<p>The price, which has more than doubled from the same month last year and is the highest since the survey began in 1973, was buoyed by sales of ultra-high-end apartments in central Tokyo, the Real Estate Economic Institute said.<\/p>\n<p>Of 2,439 units that went on the market in March, 9.1% of them were sold out on the same day, the institute&#8217;s data showed.            <\/p>\n<p>($1 = 134.3900 yen)<\/p>\n<p \/>\n<p> (Reporting by Mariko Katsumura; editing by Christian Schmollinger)<\/p>\n<p><a href=\"http:\/\/lynettelockhart.com\/client\/average-price-of-new\/illuminated-apartment-buildings-are-pictured-near-near-the-ibc-mpc-media\/\"><img decoding=\"async\" src=\"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportBusinessNews\/tagreuters.com2023binary_LYNXMPEJ3H09W-VIEWIMAGE.jpg\" alt=\"tagreuters.com2023binary_LYNXMPEJ3H09W-VIEWIMAGE\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>TOKYO (Reuters) &#8211; The average sales price for newly-built apartment units in Japan&#8217;s metropolitan Tokyo area jumped to 143.6 million yen ($1.07 million) in March, topping the 100 million yen mark for the first time, data showed on Tuesday. The price, which has more than doubled from the same month last year and is the [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":14246,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[1213],"tags":[],"class_list":["post-14245","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-u-s-business"],"jetpack_featured_media_url":"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportBusinessNews\/tagreuters.com2023binary_LYNXMPEJ3H09W-VIEWIMAGE.jpg","_links":{"self":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/14245","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/comments?post=14245"}],"version-history":[{"count":1,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/14245\/revisions"}],"predecessor-version":[{"id":14247,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/14245\/revisions\/14247"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media\/14246"}],"wp:attachment":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media?parent=14245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/categories?post=14245"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/tags?post=14245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}