Land prices up in half of Japan's rural areas for 1st time in 33 yrs

Land prices up in half of Japan's rural areas for 1st time in 33 years

The average land price rose for the first time in 33 years in more than half of surveyed rural areas in Japan, government data showed Tuesday, as the nation's economic recovery extends to asset values. Across Japan, land prices in all categories as well as prices for residential land and…

Japan: average residential land price in major cities by city 2024

In 2024, the average official price for residential land in Japan was the highest in Tokyo at almost 705 thousand Japanese yen per square meter.

Land prices up in half of Japan's rural areas for 1st time in 33 yrs

The average land price rose for the first time in 33 years in more than half of surveyed rural areas in Japan, government data shows, as the nation's economic recovery extends to asset values

The Ministry of Land, Infrastructure, Transport and Tourism announced land prices for Reiwa 7 on the 18th. The average fluctuation rate within Mie prefecture has risen for the second year in a row in residential and commercial areas. Industrial land has been rising for the third year in a row. While the rise continues against the backdrop of active economic activity and high prices, etc., the real estate appraiser involved in the investigation s…

Japan’s land prices rise at strongest pace in 34 years

Japan’s land prices rose at their fastest pace in 34 years in 2024 with recovery spreading to regional areas thanks to sustained economic growth, in the latest sign of a pickup in the property market, a government survey showed on Tuesday (Mar 18).