Japan’s land ministry says the common worth of residential land within the nation has risen for the primary time in 31 years.
The ministry on Tuesday launched outcomes of an annual survey performed by prefectures on land costs at over 21,400 places as of July 1.
It confirmed that the common total land worth rose 0.3 p.c from final yr. It was the primary year-on-year enhance in three years.
As for the common worth of residential land, it grew 0.1 p.c from a yr in the past, marking the primary rise since 1991. Low rates of interest for loans have apparently helped to push up land costs.
Residential land costs in Tokyo and Nagoya rose for the second yr in a row. They went up in Osaka for the primary time in three years.
Ministry officers say demand for homes stays stable in city areas and can be rising in suburban areas because of the unfold of remote-working.
Meanwhile, the common worth of business land climbed 0.5 p.c — the primary rise in three years.
The ministry officers say land costs are rising particularly in vacationer locations and procuring districts as tourism seems to be recovering after a decline because of the coronavirus pandemic.
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為替レートは24年ぶりの円安水準
newsonjapan.com – Sep 20
今年3月頃から外国為替市場で急激な円安・ドル高が進行し、9月には1ドル=145円に接近。これは1998年以来24年ぶりの円安水準となる。わずか半年でなぜここまで円安が進行したのだろうか。
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