On the 15th, the Ministry of Land, Infrastructure, Transport and Tourism announced the real estate price index for June 2019 (housing) and the second quarter (commercial real estate). The 10-year average of the index is 100.
The housing index for that month was 113.6 (up 1.5% year-on-year), increasing for 55 consecutive months. Residential land was 101.1 (up 0.3%) and detached houses were 101.7 (down 0.9%). Separately-owned condominiums were 145.5 (up 2.5%).
By urban area, the housing sector in the South Kantō Region was 116.3 (up 1.4%), residential land was 103.1 (down 1.3%), detached housing was 100.9 (down 3.1%), and condominiums were 141.5 (up 3.8%) . In the Nagoya area, the housing total was 108.2 (up 1.2%), residential areas were 95.1 (down 6.0%), detached houses were 105.4 (up 4.7%), and apartments were 148.9 (down 0.2%). As for the Keihanshin area, the housing total was 116.8 (up 0.3%), residential land was 109.3 (down 3.9%), detached houses were 100.9 (down 1.1%), and apartments were 148.9 (up 0.3%).
The housing total in Tokyo was 124.1 (up 0.4%), residential land was 103.9 (down 7.6%), detached houses were 106.8 (down 3.6%), and apartments were 146.6 (up 3.8%).
On the other hand, the real estate index for commercial property for the period from January to June was 121.9 (down 1.1%).
