Japan average land prices rise for 1st time in 27 years: government survey

Japan’s average land prices rose for the first time in 27 years in the year to July 1 as an influx of foreign tourists boosted demand for hotel properties and shops, a government survey showed on Tuesday.

Land prices are a key indicator to gauge how much Japan asset prices have recovered after decades of deflation.

(source) https://www.reuters.com/article/us-japan-economy-land/japan-average-land-prices-rise-for-1st-time-in-27-years-government-survey-idUSKCN1LY10J