Assessed value of land was announced by the ministry of Land on 18th of March.
The residential area of the whole country -0.4%
The business area of the whole country 0%
This figures does not mean anything, so we should look into the details of this.
The residential area in Tokyo, Osaka, Nagoya is +0.4%
The residential area in the other area is -1.1%
The business area in Tokyo, Osaka, Nagoya is +1.8%
The business area in the other area is -1.4%
The semi-annual figures indicates the same tendency.
As a result it shows the differential in land price in Japan is expanding in whole country.