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Average land price up for 1st time in 27 yrs in Japan

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The average land price in Japan as of July 1 increased 0.1 pct from a year before, the first rise since 1991, when the country’s asset bubble era was ending, the land ministry said Tuesday.
The average land price in Japan as of July 1 increased 0.1 pct from a year before, the first rise since 1991, when the country’s asset bubble era was ending, the land ministry said Tuesday.
Land prices continued rising in the greater Tokyo, Osaka and Nagoya areas and four large cities–Sapporo, Sendai, Hiroshima and Fukuoka. Other cities also saw land prices recovering.
The average land price in commercial districts across Japan increased 1.

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