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South Korea's September house prices rise for 25th month

Thursday, October 1, 2015 - 07:19
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South Korea's house prices rose 0.47 per cent in September from August, extending their gains into a 25th month and taking the annual growth rate to a 41-month high, private-sector figures showed on Thursday.

[SEOUL] South Korea's house prices rose 0.47 per cent in September from August, extending their gains into a 25th month and taking the annual growth rate to a 41-month high, private-sector figures showed on Thursday.

Kookmin Bank, South Korea's top mortgage lender, said its composite house transaction price index rose 4.14 per cent in September from a year before, the fastest annual growth since a 4.25 per cent rise in April 2012.

REUTERS