Categories: blog

S.Korea housing prices fall in Sept, third month running | Waccabuc NY Real Estate

Oct 2 (Reuters) – Housing prices across South Korea fell 0.2 percent in September from August, private-sector data showed on Tuesday, marking their third consecutive monthly decline and underscoring a stubbornly weak consumer sentiment.

Housing prices fell by 0.1 percent each in August and July on a month-on-month basis and it was the longest losing streak seen since early 2009, the data from Kookmin Bank showed.

Compared with a year earlier, housing prices in September were just 1.2 percent higher, the data showed, setting their slowest annual growth since November 2009.

Robert Paul

Robert is a realtor in Bedford NY. He has been successfully working with buyers and sellers for years. His local area of expertise includes Bedford, Pound Ridge, Armonk, Lewisboro, Chappaqua and Katonah. When you have a local real estate question please call 914-325-5758.

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