S. Korea's housing prices on the rise for 18 months


(MENAFN) Industry data showed that housing prices in South Korea kept rising for 18 straight months as people purchased home amid higher costs for housing rent, Xinhua reported.

Nationwide apartment prices gained 0.27 percent in February from a month earlier after increasing 0.15 percent in the prior month, according to data by KB Kookmin Bank, a local lender.

The country's home prices kept an upward trend for the 18th consecutive month. The apartment prices increased 3.59 percent in the past 18 months, the industrial data showed.


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.