Tokyo's residential market is showing signs of stabilization. November data reveals condo sales dropped 14.4% year-over-year—a notable improvement compared to the previous month's steeper 28.2% decline. While the sector still faces headwinds, the trajectory suggests potential momentum shift. For those tracking global economic cycles and asset markets, Japan's real estate movements often signal broader patterns in institutional capital flows and risk appetite shifts. The narrowing deficit indicates easing pressure, though sustained recovery remains to be seen.