26.03.2013 - Japan property market gaining investor interest
With land prices stabilizing, Japan's troubled property market is gaining investor interest as the market improves. Land prices fell by 1.8 percent in 2012, the smallest decline since 2008, according to a recent government report. The slowdown in land pricing drops and expectation of government action to improve the economy are viewed as positive signs for investors, according to a Wall Street Journal report. "In the next year or two, nationwide land prices may start to gain, led by the metropolitan areas," Takashi Ishizawa, chief real-estate analyst at Mizuho Securities Co. told WSJ...............................................Full Article: Source
Print