1.0WealthParkhttps://wealth-park.com/enProperty Owners: Should I sell or should I buy? Let’s evaluate separately according to the data of newly-built and pre-owned houses - WealthParkrich600338<blockquote class="wp-embedded-content" data-secret="aF87RptMFC"><a href="https://wealth-park.com/en/wealthpark-blog/20200424_covid-19_002/">Property Owners: Should I sell or should I buy? Let’s evaluate separately according to the data of newly-built and pre-owned houses</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://wealth-park.com/en/wealthpark-blog/20200424_covid-19_002/embed/#?secret=aF87RptMFC" width="600" height="338" title="“Property Owners: Should I sell or should I buy? Let’s evaluate separately according to the data of newly-built and pre-owned houses” — WealthPark" data-secret="aF87RptMFC" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
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https://wealth-park.com/wp-content/uploads/2020/08/suzuki002.jpg1200675Sell or not to sell? Buy or not to buy? A common question that people often wonder if there’s an absolute answer to it. This time, we would like to elaborate the topic based on the data analysis about newly-built and pre-owned houses for your reference. 1. Sales of new houses According to the figures released by the Real Estate Economic Research Institute Co., Ltd., compared with the previous year, the number of new house supply in 2019 decreased by 15% in 23 Wards of Tokyo, 28% in other areas of Tokyo, 28% in Kanagawa Prefecture, 1% in Osaka City, and 17% in Osaka Prefectures. In general, the numbers dropped substantially. Considering the impact of the CONVID-19 outbreak, the numbers are expected to decline more in the short term. Figure 1. The number of new house supply The price per square meter of new houses is shown in Figure 2. Compared with the previous year, the number in 23 Wards of Tokyo decreased by 1%, in other areas of Tokyo increased by 5%, in Kanagawa Prefecture no changes, in Osaka...