![]() ![]() The data is categorized under Global Database’s Japan – Table JP.EB016: Urban Land Price Index: 31Mar2000=100. Japan Urban Land Price Index: Biggest 6 Cities: Residential data remains active status in CEIC and is reported by Japan Real Estate Institute. This in turn led to a sharp increase in the average 30-year fixed mortgage rate, which rose to a two-decade high of 7.1 percent late last year. The data reached an all-time high of 231.510 31Mar2000=100 in Sep 1990 and a record low of 1.070 31Mar2000=100 in Mar 1955. In the United States for instance, the Federal Reserve has increased the target rate to a range of 4.54.75 percent from near zero a year ago, the fastest pace of rate increases in two decades. Japan Urban Land Price Index: Biggest 6 Cities: Residential data is updated semiannually, averaging 76.175 31Mar2000=100 from Mar 1955 to Sep 2017, with 126 observations. This records an increase from the previous number of 78.800 31Mar2000=100 for Mar 2017. Japan Urban Land Price Index: Biggest 6 Cities: Residential data was reported at 79.100 31Mar2000=100 in Sep 2017. 1955 - 2017 | Semiannually | 31Mar2000=100 | Japan Real Estate Institute ![]()
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