Local News

Fukuoka City-based Jutaku Ryutsu Shimposha, which surveys the regional condominium market, reported that the market in the seven Kyushu prefectures in 2011 showed growth for the first time in three years. Specifically, the number of new units placed on the market rose to 6,122, a 25.4% year-on-year increase, and the number of units sold totaled 6,897, a 3.2% rise. The company says this demonstrates that consumption is starting to rebound from the 2008 economic crisis.