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Japan’s property market shows signs of stabilization

Posted on 25 March 2013

Japan’s long-troubled property market is showing fresh signs of stabilizing, another encouraging sign for investors amid high expectations for the government’s attempts to turn the economy around. In a report released last week, the government said land prices fell for the fifth straight year—but by just 1.8%, the slowest pace since 2008, as demand in Japan’s main urban centers helped slow the downward trend.
Analysts said real estate could do even better this year, with the possibility overall prices may even rise, as Prime Minister Shinzo Abe tries to haul the nation out of a decade-and-a-half long deflationary funk………………………………………..Full Article: Source


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