You are here

South Korea June housing prices rise for 22nd month: bank

[SEOUL] South Korea's housing prices rose 0.46 per cent in June from May, a 22nd consecutive monthly gain that brought the annual growth pace to the highest in more than three years, data from a top Korean bank showed on Tuesday.

Data from Kookmin Bank showed its housing purchase price index rose 3.33 per cent in June over a year earlier, the fastest since a 3.58 per cent rise in May 2012. The bank's data is used as an official indicator for housing prices in South Korea.


BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to