In Japan, housing sales have risen sharply

15.04.2011 07:00
Articles about real estate | In Japan, housing sales have risen sharply The number of condominiums for sale in the Tokyo area last month was less than predicted by experts to the earthquake and tsunami on 11 March.

Economic Institute reports that nearly 3.7 thousand housing units went on sale in Tokyo and three neighboring prefectures in March. This figure is the same as a year ago.

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Until March 11, analysts expected the economic recovery. But after the disaster Realtor firms closed their offices for up to 10 days. Problems with the supply of building materials have provoked a delay of certain transactions and the transfer of real estate buyers.

The Institute of Economics believes that the decline in strotelstva and sales of new apartments on the market will amount to 10-15% over the next 2-3 months.

Restored, and agriculture. Milk from farms in Fukushima Prefecture, is back on supermarket shelves after a week break in deliveries for the security check. Local residents were in no hurry to buy products of foreign manufacture. Japanese milk sold out very quickly.

Shipments of raw milk from the prefecture were banned in late March due to problems in the quake-hit nuclear power plant, Fukushima.

Restriction lifted on Friday for farms in seven cities and towns of the region Aizu. This happened after the tests showed that milk contains acceptable levels of radiation.
Content tags: Overseas property Housing
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