Builder Sentiment Hits 19-Month Low in August on Anti-Speculation Steps

SEOUL, Sept. 4 (Korea Bizwire) – South Korean builders’ business confidence touched a 19-month low in August due mainly to government measures to cool the housing market, a poll showed Monday. The construction business survey index (CBSI) stood at 74.2 last month, down 11.2 points from the previous month and at its lowest level since [...]