SEOUL, July 31 (Korea Bizwire) — Apartment transactions in South Korea fell more than 50 percent on-year in the first half of 2022 due mainly to the government’s tough lending curbs and rising interest rates, data showed Sunday. The number of apartments traded nationwide stood at 184,134 units in the January-June period, down 50.6 percent [...]
SEJONG, Feb. 14 (Korea Bizwire) – South Korea’s home transactions dropped more than 6 percent from a year earlier last month, government data showed Tuesday, as investors stayed cautious amid growing uncertainties at home and abroad. The number of home transactions came to 58,539 in January, down 6.1 percent from the same month in 2016, [...]
SEJONG, March 14 (Korea Bizwire) – South Korea’s home sales plunged 24.9 percent last month from a year earlier as the local property market has shown some signs of a slowdown, government data showed Sunday. The number of home transactions reached 59,265 in February compared with a record 78,864 tallied a year ago, according to [...]
SEJONG, Feb. 14 (Korea Bizwire) – South Korea’s home sales plunged 21.4 percent last month from a year earlier due mainly to a base effect stemming from rapid growth posted last year, government data showed Sunday. The number of home transactions reached 62,365 in January compared with a record 79,320 tallied a year ago, according [...]
SEOUL, May 25 (Korea Bizwire) – South Korea’s credit card spending on furniture rose sharply in the first two months of this year on the back of a rise in home transactions as the local property market has been on a clear recovery track, data showed Monday. According to the data compiled by the Bank [...]