Japan's average land price rises for fifth straight year

Japan's average land price rose 2.8% from a year earlier as of Jan. 1, marking the fifth straight year of increase, the land ministry said Tuesday.

The Ministry of Land, Infrastructure, Transport and Tourism announced on Tuesday, March 17, 2026, that Japan's average land price stood 2.8% higher as of January 1 compared to a year earlier. This marks the fifth consecutive annual rise. The data, published by the land ministry, highlights ongoing trends in the Japanese real estate market amid keywords such as Tokyo tourism, BOJ, earthquakes on the Noto Peninsula, Ishikawa earthquake, inflation, and housing. The nationwide average underscores steady growth without specifying regional breakdowns in the available report.

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