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For those looking to sell real estate in Japan, now may be the time to do it — as the country is bracing for a gradual decline in land prices.

At least, that’s what the latest figures indicate. Land prices in urban areas have fallen due to stalled transactions in the wake of the novel coronavirus, a pattern likely to be repeated across the country that may lead to a decline next year in the average posted land prices for the first time in six years.

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