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

Published Wed, Aug 31, 2016 · 11:29 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    [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

    Share with us your feedback on BT's products and services