According to the latest data on land price movements published by the Ministry of Land, Infrastructure, Transport and Tourism (MLIT), 79.4% of the surveyed locations across Japan saw an increase in land prices in the first quarter of 2014.
119 of the 150 survey sites saw an increase in land prices, 27 sites (18%) saw no change in prices and just 4 sites (2.7%) saw a decline of between 0~3% in land prices. This is the first time in three years, however, that the number of survey locations to see an increase in land prices has declined.
This content is available to paid subscribers only.
Sharing information on Japan’s real estate market has been a long passion dating back 14 years. However, gathering and preparing this content takes hours and hours each week. By joining our monthly subscription service, you can access over 3,100 articles dating back 14 years. Best of all, you’ll be supporting us in our endeavor to continue to provide investors with on-the-ground, expert information.
To join our paid subscription service and access over 3,100 news articles on Japan's real estate market, please register here.
Already a paid member? Log-in using your details below.