Japan land prices rebound after marking 1st fall in 6 yrs
The average price of land in Japan rebounded on the back of solid housing demand after falling for the first time in six years the previous year due to the impact of the coronavirus pandemic, the government said Tuesday. Land in all categories nationwide, including that for residential and commercial use, rose 0.6 percent from a year earlier as of Jan. 1, according to the Ministry of Land, Infrastructure, Transport and Tourism. The ministry said a recovery trend has been observed, driven by housing demand in urban areas and vicinities, as the influence of the pandemic is waning.
- Product Code
- ILEA000945130
- Registered date
- 2022/3/22 00:00:00
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- Kyodo / Kyodo News Images
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- 1920 × 1080 pixel
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