Land price trend (land price LOOK report)

2019-06-04 10:59 admin
 
The proportion of the land price of districts rising accounted for 97% of the total, and the proportion of the rising exceeded 90% for four consecutive periods.Published on February 15, according to The Ministry of Land, Infrastructure, Transport and Tourism survey on January 1, the price trend of report (land LOOK report), 97 districts (last 96), which had risen compared with three months of the 100 districts nationwide , held 3 (last 4) and fell 0 (last 0), rising districts accounted for 97% of all.
 
The proportion of rising districts remains high. The three metropolitan districts are the center of the office market. Factors such as the decrease of vacancy rate, the increase of wages, the progress of redevelopment, the increasing demand of shops and hotels corresponding to the increase of tourists to Japan keep the office market in good condition. The center is the area with high convenience. As the demand for condominiums is strong, especially in areas of high convenience, investors ' willingness to invest in real estate will continue to be stronger.t. In this way, the trend of land prices is higher than 97% of the total number of districts and the fourth consecutive fiscal year, and the continuation of the upward trend is observed..
 
 
※Report on land price trends for altitude use in major cities
The Ministry of Land, Infrastructure, Transport and Tourism, grasps the trend of high utilization of major cities, and makes clear quarterly surveys on the purpose of land price movements. The survey sites are 100 districts including three metropolitan districts and local central cities. Since the number of surveyed districts has been reduced from 150 to 100 in April 2015, this survey was conducted for 100 districts.
[by Application]
In residential districts (32 districts), the increase was 31 (the last time is 31) and hold was 1 (the last one is also 1), and almost all districts have risen. The districts where the increase is expanded is the Kammachi in the Aoba districts of Sendai City. In addition to having a good living environment, the area is close to the business area and is popular among single households and family households. Prices are on the rise due to the strong demand from developers and investors.
In commercial districts (68 districts), the increase was 66 (last time is 65), and hold was 2 (last time is 3), and almost all districts are rising as in residential districts.
 
※From April 1, 2015, The number of target districts has been reduced from 150 to 100 (12 in residential districts and 38 in commercial districts)
【by districts 】
In the three metropolitan districts, the increase in the Tokyo districts was 41 (last time 41) and the 2 held (last time 2), with the increase in almost all districts. The rise in Osaka has continued for four consecutive quarters since the first quarter of 2018. The Nagoya districts continued to rise from the second quarter of 2013.
In the local districts, the increase was 22 (same as 21) and hold was 1 (same as 2), and most are rising.
 
 
 
Source: Ministry of Land, Infrastructure, Transport and Tourism “Report on Land Price Trends in Major Cities” [Land Price Report]