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Americans’ Attitudes Toward the Housing Market Reflect Steady but Slow Recovery, “Normal” Housing Levels Still a Ways Off

Americans’ Attitudes Toward the Housing Market Reflect Steady but Slow Recovery, “Normal” Housing Levels Still a Ways Off

WASHINGTON, July 7, 2014 (Korea Bizwire)–Consumer confidence in the housing market has trended upward significantly during the recovery but continues to be less than needed to return to “normal” housing levels, according to results from Fannie Mae’s June 2014 National Housing Survey. On average, consumers’ 12-month home price change expectation remained in positive territory in [...]

Seoul, One of the Most Expensive Cities in Terms of Home Price

Seoul, One of the Most Expensive Cities in Terms of Home Price

SEOUL, Korea, Sep 11 (Korea Bizwire) – According to a research report “International Comparison of Housing Prices and Implications for Korea” published on September 10 by KB Financial Group’s Management Research Institute, the total value of real estate held by Korea’s households as of the end of 2012 was about US$5 trillion, 436 percent of the [...]