Japan's average land prices post 1st upturn in 16 years

Japan's average land prices post 1st upturn in 16 years

TOKYO, Japan - Photo shows the Omotesando avenue in Tokyo's posh Harajuku district, where land prices doubled in the last three years. Japan's average land prices for both residential and commercial areas rose in the year to Jan. 1 for the first time in 16 years since peaking in the midst of the economic bubble. (Kyodo)

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