Tokyo Kantei announced the average apartment rent across Japan's three major metropolitan areas - Greater Tokyo, the Kinki region (Osaka, Kyoto, Nara) and the Chubu region (Aichi, Nagano, Shizuoka, etc). Tokyo and Chubu both saw a fall in the average rent, but the Kinki region saw an increase of 2.4% in 2011. Compared to the average rent of 1622 Yen/sqm/month in 2009, the rent in the Kinki region has increased by 6.5% over the past 2 years. This is said to be the result of an increase in newer apartments from 2010.
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