Tokyo condos smaller, pricier and harder to find as supply growth slows

Tokyo condos smaller, pricier and harder to find as supply growth slows Tokyo condos smaller, pricier and harder to find as supply growth slows

TOKYO — New condominiums coming on the market in the Tokyo region increased by the smallest volume on record last year, according to industry data, contributing to a run-up in prices.

New units declined 14% from the previous year to 23,003, the Real Estate Economic Institute said Thursday.