The eleventh annual property market survey indicated that the sentiment improved further with "Good" responses accounting for more than half of responses for the first time since 2008.
Regarding the six-month outlook, "Somewhat better" and "Better" responses predicting higher prices or more transactions still accounted for more than 50% of responses.
When asked which property sector is the most preferable in terms of price appreciation and market growth, the "Hotel" sector overwhelmed other sectors such as "Office" and "Healthcare property."
When asked which risk factors were most anticipated, more respondents chose the "Global economy" than the "Domestic economy," and not a few respondents chose "Foreign exchange."
Regarding the J-REIT market forecast, 68% of respondents chose "0～+15%" performance and not a few respondents chose "+15～+30%" for TSE REIT index in 2015.
Finally, when asked the peak period of property prices in the medium term, more than half of respondents chose "2016～2017" and nearly one fourth of respondents chose "Now."