{"version":"1.0","provider_name":"WealthPark","provider_url":"https:\/\/wealth-park.com\/en","title":"Greater Tokyo Area Existing Properties Supply & Demand (2010-2020) - WealthPark","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"b88UAnI5IW\"><a href=\"https:\/\/wealth-park.com\/en\/wealthpark-blog\/greatertokyoareaproperty2010-20\/\">Greater Tokyo Area Existing Properties Supply &#038; Demand (2010-2020)<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/wealth-park.com\/en\/wealthpark-blog\/greatertokyoareaproperty2010-20\/embed\/#?secret=b88UAnI5IW\" width=\"600\" height=\"338\" title=\"&#8220;Greater Tokyo Area Existing Properties Supply &#038; Demand (2010-2020)&#8221; &#8212; WealthPark\" data-secret=\"b88UAnI5IW\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script type=\"text\/javascript\">\n\/* <![CDATA[ *\/\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/wealth-park.com\/wp-includes\/js\/wp-embed.min.js\n\/* ]]> *\/\n<\/script>\n","thumbnail_url":"https:\/\/wealth-park.com\/wp-content\/uploads\/2021\/04\/tom-s-tnR0Bmwq3nA-unsplash.jpg","thumbnail_width":1920,"thumbnail_height":1280,"description":"Several notable changes and trends of the Greater Tokyo Area existing property market by property age over the last decade were identified by analyzing the data provided by Real Estate Information Network for East Japan. Market Share of Properties Older Than 31 Years Continued to Increase in the Past 10 Years In 2020, properties older than 31 years accounted for 27.5% of transactions (11.5%+ compared to 2010) and accounted for 43.2% of newly listed properties (25.5%+ compared to 2010). Both aspects indicated continued growth of properties older than 31 years the past decade. Additionally, the average age of properties transacted in 2020 was 26.83 years while newly listed properties in 2020 averaged 21.99 years old. The age gap between properties transacted and listed widened from 1.16 years in 2010 to 4.84 years in 2020. Older properties often adopt a lower price to attract sales. This may make a greater impact on the overall existing properties market as the market share of older properties increases. Housing Demand Expands to 25 Years Old Properties Comparing the age of transacted properties to the..."}