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Rental Market Trends in the Tokyo Metropolitan Area: Latest Area Analysis Using the CRIX Index

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Nihon Joho Create has published the latest monthly report on the rental real estate market using the 'CRIX Index,' which leverages its proprietary big data. The report provides a detailed analysis of vacancy rates and average rents for apartments and condominiums across the 23 wards of Tokyo, Kanagawa, Saitama, and Chiba prefectures, categorized by area and floor area.

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Frequently Asked Questions

Q: What data can be obtained from the CRIX index?
A: You can check time-series trends in 'vacancy rates' and 'average rents' by layout and floor area for all prefectures and major municipalities in Japan.
Q: What is the situation in Western Chiba Prefecture in this report?
A: While vacancy rates have improved across all floor areas, properties with poor conditions, such as those for single-occupancy, show a downward trend in rent.
Q: What type of companies should use CRIX?
A: It is suitable for property management companies, property owners, and real estate investors who want to implement vacancy countermeasures or rental valuation based on data.