Tokyo land prices rise 17.5 pct, nationwide 10 pct

Newswire

(For more stories on Japan's economy click [ID:nECONJP]) TOKYO, July 1 (Reuters) - Land prices in Tokyo rose 17.5 percent last year in the biggest increase by far since Japan's bubble years, a government survey showed on Tuesday, although rural areas have yet to share in the recovery. The rise in Tokyo property prices, which was the fourth straight year of increases, followed a 17 percent rise in 2006, the tax agency said. Led by the increase in Tokyo, average national land prices rose ...

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