The Ministry of Land, Infrastructure, Transport and Tourism (MLIT) announced the land price movements for Japan on July 1st, 2011.

Of the 146 surveyed sites across Japan, land values for 7 sites increased, 53 sites saw no change and 86 sites saw a decline in values.

Compared to the previous report issued on April 1st, 2011, just following the Tohoku Disaster, it appears that land values are starting to stabilize.

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