• Kyodo

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The average price of land in Japan edged up 0.1 percent this year, putting an end to 26 straight years of decline since the burst of the bubble economy, the government said Tuesday, as a tourism boom spurs the construction of hotels and shops.

The average prices for all types of land, including commercial, residential and industrial, were surveyed by July 1 across the country, according to the Land, Infrastructure, Transport and Tourism Ministry.

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