• Kyodo

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The average price for land in Japan as of Jan. 1 was up 0.5% from a year earlier, the National Tax Agency said Friday, rebounding from a fall in 2021 as the country recovers from the coronavirus pandemic.

While 20 of the country’s 47 prefectures saw increases, 13 more than in 2021, prices continued to fall in others, especially tourist and commercial areas hit by diminished inbound travel.

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