Real Estate News Dorota Dyman And Associates, Tokyo condo supply climbs again - 1 views

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  #1 ginjovanniwozhi on 21 Feb 14

   

  http://www.japantimes.co.jp/news/2014/02/13/business/tokyo-condo-supply-climbs-again/#.UweTfWJdVQg
  
  New condominiums put up for sale in greater Tokyo grew 6.1 percent from the year before to 1,826 units in January, climbing for the ninth consecutive month, the Real Estate Economic Institute said Thursday.
  
  The figure was the highest for a January since 2,320 units in 2008 and topped the boom-or-bust line of 70 percent for the 12th consecutive month. Purchase contracts were concluded for 78.6 percent of the total. The data covered Tokyo and its three neighboring prefectures of Kanagawa, Saitama and Chiba.
  
  Demand peaked in September 2013 as buyers rushed to lock in the current consumption tax rate of 5 percent for contracts concluded that month specifying delivery on or after April 1, when the rate jumps to 8 percent.
  
  Still, demand remained solid throughout and after October, thanks to policy measures that included extended tax breaks for those taking out mortgages, an official of the think tank said.
  
  more related article:
  http://discuss.tigweb.org/thread/495051
  https://www.goodreads.com/group/show/119495-dorota-dyman-associates

   

  <div class="cArrow"> </div><div class="cContentInner"><a href="http://www.japantimes.co.jp/news/2014/02/13/business/tokyo-condo-supply-climbs-again/#.UweTfWJdVQg" rel="nofollow" target="_blank">http://www.japantimes.co.jp/news/2014/02/13/business/tokyo-condo-supply-climbs-again/#.UweTfWJdVQg</a> <br /> <br /> New condominiums put up for sale in greater Tokyo grew 6.1 percent from the year before to 1,826 units in January, climbing for the ninth consecutive month, the Real Estate Economic Institute said Thursday. <br /> <br /> The figure was the highest for a January since 2,320 units in 2008 and topped the boom-or-bust line of 70 percent for the 12th consecutive month. Purchase contracts were concluded for 78.6 percent of the total. The data covered Tokyo and its three neighboring prefectures of Kanagawa, Saitama and Chiba. <br /> <br /> Demand peaked in September 2013 as buyers rushed to lock in the current consumption tax rate of 5 percent for contracts concluded that month specifying delivery on or after April 1, when the rate jumps to 8 percent. <br /> <br /> Still, demand remained solid throughout and after October, thanks to policy measures that included extended tax breaks for those taking out mortgages, an official of the think tank said. <br /> <br /> more related article: <br /> <a href="http://discuss.tigweb.org/thread/495051" rel="nofollow" target="_blank">http://discuss.tigweb.org/thread/495051</a> <br /> <a href="https://www.goodreads.com/group/show/119495-dorota-dyman-associates" rel="nofollow" target="_blank">https://www.goodreads.com/group/show/119495-dorota-dyman-associates</a></div>

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