Seoul housing market Archives

BOK Says Seoul’s Housing Market Is in Expansion Phase

SEOUL, June 26 (Korea Bizwire) – The housing market in Seoul and its adjacent areas are in an expansion phase, South Korea’s central bank said Monday, a move that has prompted the government to crack down on speculative real estate investments. The Bank of Korea (BOK) said in a report that the housing prices in [...]

Small Studio Apartments Dominate Seoul Housing Market

SEOUL, June 16 (Korea Bizwire) – Amid growing numbers of single households in South Korea, small-sized studio apartments are proving particularly popular, accounting for nearly 60 percent of all studio apartments in Seoul and the surrounding areas sold in the market this year. From January to May of this year, the number of studio apartments [...]