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Japan's Land Prices Soar 2.7%, Tokyo Leads Growth

7/2/2025

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Summary

Story summary

Japan's roadside land prices surged by an average of 2.7% as of January 1, 2023, marking a remarkable fourth year of growth. Tokyo led the charge with an impressive 8.1% increase, fueled by a booming demand for homes and hotels. However, 12 prefectures, including Niigata and Gifu, experienced declines, highlighting a mixed landscape.

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Story summary

Japan's roadside land prices surged by an average of 2.7% as of January 1, 2023, marking a remarkable fourth year of growth. Tokyo led the charge with an impressive 8.1% increase, fueled by a booming demand for homes and hotels. However, 12 prefectures, including Niigata and Gifu, experienced declines, highlighting a mixed landscape.