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South Korea's August house price growth slows for 8th straight month: Kookmin

Thursday, September 1, 2016 - 07:29

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Kookmin Bank's composite housing purchase price index rose 0.13 per cent in August over the previous month, steady from July.

[SEOUL] South Korea's house price growth slowed in August for an eighth straight month in annual terms, data from a top local mortgage lender showed on Thursday.

Kookmin Bank's composite housing purchase price index rose 0.13 per cent in August over the previous month, steady from July.

From a year earlier, the index rose just 2.08 per cent, slowing for an eighth month and rising at the slowest pace since October 2014.

REUTERS

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