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South Korea Feb house prices up, but pace slows: lender

Tuesday, March 1, 2016 - 09:13

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South Korea's house prices posted their 30th month of uninterrupted gains in February but the pace of increase slowed from January, data from the country's top mortgage lender showed on Tuesday.

[SEOUL] South Korea's house prices posted their 30th month of uninterrupted gains in February but the pace of increase slowed from January, data from the country's top mortgage lender showed on Tuesday.

Data from Kookmin Bank showed the house transactions price index rose 0.07 per cent in February from the previous month and by 4.20 per cent from a year earlier. In January, the index rose 0.08 per cent on-month and by 4.37 per cent on-year.

REUTERS

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