Despite the price increase, the number of new condominium units released across the greater Tokyo area, which includes Tokyo, Kanagawa, Saitama, and Chiba prefectures, fell 16.9 percent from a year earlier to 1,288 units.
The decline was primarily attributed to a drop in the number of high-end property launches in central Tokyo. In the 23 wards of Tokyo, the average price fell 7 percent to 90 million yen ... New condo prices in greater Tokyo area drop in April.