Tag - Home prices in South Korea keep rising in April

Home prices in South Korea keep rising in April: data

Housing prices in South Korea seem to be on a sustained recovery path, data showed Friday, reflecting growing demand for home purchases amid eased lending circumstances. Seoul apartment prices gained 0.55 percent on-month in April, accelerating from a 0.45 percent increase in March, according to the data compiled by Kookmin Bank, the flagship unit of the country’s second-largest banking group, KB Financial. Since the end of last year, apartment prices in Seoul have jumped 1.31 percent, surpassing last year’s overall gain [...]

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