Are used apartment prices crashing in Tokyo?

No. Price adjustments are seen in the high-end segment of the 5 central wards, but the broader 23-ward area remains stable. It is not a market-wide crash.

Which areas are the '5 central wards'?

Generally, this refers to Chiyoda, Chuo, Minato, Shinjuku, and Shibuya wards. It's presumed this press release uses that definition.

Should I sell or buy an apartment now?

In central Tokyo, sellers may face price negotiations. For buyers, it could be a good opportunity with more choices and bargaining power.

AI News NQ Analysis

Shift in Used Apartment Market in Q1 2026: Price Reduction Pressure Intensifies in Tokyo's 5 Central Wards

NQ Score 50/100

AI Summary (NQ-processed)

A survey by Mansion Research Co., Ltd. reveals that downward price pressure is strengthening in the used apartment market of Tokyo's five central wards in Q1 2026. This is a significant signal that market polarization is becoming clearer and the high-price segment may have entered a correction phase.

AI analysis data is not yet available.

Frequently Asked Questions

Q: Are used apartment prices crashing in Tokyo?: A: No. Price adjustments are seen in the high-end segment of the 5 central wards, but the broader 23-ward area remains stable. It is not a market-wide crash.
Q: Which areas are the '5 central wards'?: A: Generally, this refers to Chiyoda, Chuo, Minato, Shinjuku, and Shibuya wards. It's presumed this press release uses that definition.
Q: Should I sell or buy an apartment now?: A: In central Tokyo, sellers may face price negotiations. For buyers, it could be a good opportunity with more choices and bargaining power.