December 25, 2019

Commercial Property Price

Commercial property price seems to be hitting a wall in 2019.

Published quarterly by Ministry of Land, Infrastructure, Transport and Tourism, and Japan Real Estate Institute. Updated to the quarter of July-September 2019 (published on December 25th, 2019).

Recent data trend

In the April-June quarter of 2019, Commerical Property Price Index fell by 1.1% year on year (YoY). Commercial property prices in Japan has been enjoying a steady rising trend in the past 6 years, with over 20% of cumulative rise in the index, but the index seems to have hit the fall in 2019. ...

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Brief overview of "Commercial Property Price"

Commercial Property Price Index (CPPI) is a newly developed economic indicator currently under a trial release from the Ministry of Land, Infrastructure, Transport, and Tourism. The ministry initiated the quarterly publication in March 2016. The statistics are based on transaction values, rather than appraised values by experts.

For more information, visit the official government page.

Next Release Date: To be confirmed (likely to be in March 2020)  

Commercial Property Price of three metropolitan Areas (1984-2018)

 

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