Core Viewpoint - The article highlights that the average price of second-hand homes in the 23 wards of Tokyo has reached a new high, with a 70 square meter property priced at approximately 5.02 million yuan [1] Group 1 - The average price of second-hand homes in Tokyo's 23 wards has set a new record [1] - A 70 square meter second-hand home is now valued at around 5.02 million yuan [1]

Core Viewpoint - The average price of second-hand homes in Tokyo's 23 wards has surpassed 100 million yen for the first time, indicating a significant shift in the real estate market dynamics in the region [1] Group 1 - The average price of second-hand homes in Tokyo's 23 wards reached 100.5 million yen, marking a 2.5% increase from the previous year [1] - This milestone reflects a growing demand for housing in urban areas, driven by factors such as low interest rates and a recovering economy [1] - The increase in property prices is also attributed to limited supply and rising construction costs, which are impacting the overall housing market [1] Group 2 - The trend of rising home prices is expected to continue, as more buyers are entering the market, seeking to invest in real estate as a stable asset [1] - The data suggests that younger generations are increasingly looking to purchase homes, contributing to the upward pressure on prices [1] - Analysts predict that the real estate market in Tokyo will remain robust, with potential for further price increases in the coming years [1]