• Compiled From Kyodo, Bloomberg


The number of new condominiums put on sale in the greater Tokyo area in July plunged 44.5 percent to 3,554 from a year ago, stretching its slump to 11 consecutive months with the sharpest drop since October 1996, a research agency said Thursday.

Condos that went on sale and found buyers accounted for 53.5 percent of the total, down 20.6 percentage points from a year earlier, the Real Estate Economic Institute said.

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