South Korea August house prices rise for 24th mth: lender

Published Mon, Aug 31, 2015 · 06:32 AM

[SEOUL] House prices in South Korea rose for their 24th consecutive month in August from the previous month, data from a top mortgage lender showed on Monday, supported by the country's easy monetary and financial policy.

The data from Kookmin Bank showed its composite home transactions price index rose 0.39 per cent in August from July and by 3.94 per cent from a year earlier. The annual growth marked the fastest since April 2012.

REUTERS

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