KF: Tokyo prime housing prices up 9.8% y-o-y in 2Q15
Knight Frank (KF) noted that its index for prime residential property (i.e. the top 5% in terms of traded prices) in Tokyo rose by 9.8% y-o-y in 2Q15. The index had risen by 2.7% since the beginning of 2015 and fell by 5.8% in 2Q15. Tokyo’s y-o-y rise was the fifth largest of the 35 cities for which KF published data. Tokyo was in 11th place in KF’s ranking of the 40 most important cities for UNHWIs worldwide in 2015, which appeared in its Global Cities survey early this year.
Source : August 2015/KF/Tokyo/RES