The Tokyo apartment market is showing all the signs of shifting towards a seller’s market in 2014.
What defines a seller’s market will vary depending on who you talk to, but many suggest it is when there is 3 ~ 9 months of inventory remaining on the market. Other conditions include:
- More buyers than properties for sale? Yes
- Prices are rising? Yes
- Inventory is falling? Yes
- Discounts are shrinking? Yes