(Niseko ski resort, Hokkaido)
Long-lasting growth ?
The Japanese government recently issued a report on the average land price in Japan.
It is announced every year and surveys 26,000 spots all over Japan.
Today I am sharing some key findings and forecast for the future.
Summary
Overall, the national average price for commercial land increased 2.8 percent and that of residential land edged up 0.6 percent.
The average price of all types of land in Japan’s regional areas (namely local areas) rose for the first time since 1992 last year
due to the influx of foreign tourists.