Urban Apartment Prices up 1.1%
Metropolitan apartment prices rise for the third consecutive month.
Tokyo-Kantei Co., Ltd. released their figures on the average apartment prices in March for the three major Japanese metropolitan areas.
The average apartment price for all three areas combined was 29.3 million Yen (up 1.1% from the previous month). Compared to the same period from the previous year, the average price has increased by 3.5%.
British Embassy's vacation home acquired by Tochigi Prefecture
It was announced on April 15 that the British Embassy's vacation home on Lake Chuzenji, Oku-Nikko, Tochigi-ken will be transferred to Tochigi Prefecture. The prefecture announced to the Prefectural Assembly Agriculture and Forestry Committee that they are considering using the British villa in conjunction with the nearby Italian Embassy House Memorial Park.