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Tokyo apartments for sale surge in Sept before tax hike

Published Wed, Oct 16, 2013 · 10:00 PM
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[TOKYO] The number of condominiums offered for sale in Tokyo and surrounding areas in September had the biggest increase in 17 months as developers accelerated sales before a planned consumption tax increase in April.

Developers introduced 5,968 units to the market in September, 77 per cent more than the 3,366 units a year earlier, the Real Estate Economic Research Institute Co said in a report released in Tokyo yesterday. The last t…

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