Average price of Japan's Tokyo-area condo hits record high: report

TOKYO, April 18 (Xinhua) -- The average unit price of newly-built condominiums for sale in Japan's greater Tokyo area reached a record high for the second consecutive year, a research institute said Tuesday.

For the fiscal year 2022 from April 2022 to March 2023, the average price of a condominium in Tokyo and its three neighboring prefectures, Kanagawa, Saitama and Chiba, rose 8.6 percent year-on-year to 69.07