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Japan Real Estate Shares Slump Most Since 2020 on Rates Concern

(Bloomberg) — Japan’s real estate shares tumbled the most since March 2020 on concern mortgage rates will increase and sap demand after the nation’s central bank raised its benchmark interest rate.Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundUkraine Receives First F-16 Fighter Jets After Long WaitLuxury Heir Alleges His $13 Billion Hermès Fortune Has VanishedIran’s Leader Orders Retaliat