Condo prices in central Tokyo fell for the third straight month in July, suggesting the market may be entering a correction phase after record gains. The average price in Tokyo's six central wards reached ¥181.95 million ($1.15 million), down 1.7% from June, according to Tokyo Kantei Co. The decline accelerated from 1.3% in June, with prices adjusted for 70 square meter units. This marks a notable shift in the Japanese capital's real estate market dynamics.