The average price of residential land in regional parts of Japan as of July 1 rose 0.1 percent from a year earlier, marking the first increase in 31 years, as low interest rates continue to spur housing demand outside urban areas, government data show.
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The average price of land in Japan rebounded on the back of solid housing demand after falling for the first time in six years the previous year due to the impact of the coronavirus pandemic, the government says