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Japan Land Prices Rise for 5th Consecutive Year

Tokyo, Sept. 15 (Jiji Press)--Japan's land prices rose for the fifth consecutive year amid a mild economic recovery trend in the country, the land ministry said Monday. As of July 1, the nationwide average land price climbed 1.5 pct from a year earlier, with residential land prices rising 1.0 pct and commercial land prices rising 2.9 pct. Among the country's three metropolitan areas, the...

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