Falling apartment prices

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Falling apartment prices

A notice on indexes for apartment transactions in Seoul is put up at a real estate agent in Songpa District, southern Seoul, on Thursday. According to the Korea Real Estate Board on Thursday, the actual transaction prices of apartment units in Seoul logged a record fall of 22.09 percent in 2022, the biggest margin since the agency began compiling related data in 2006, largely due to rising interest rates. [YONHAP]

A notice on indexes for apartment transactions in Seoul is put up at a real estate agent in Songpa District, southern Seoul, on Thursday. According to the Korea Real Estate Board on Thursday, the actual transaction prices of apartment units in Seoul logged a record fall of 22.09 percent in 2022, the biggest margin since the agency began compiling related data in 2006, largely due to rising interest rates. [YONHAP]

 
 

BY SEO JI-EUN [seo.jieun1@joongang.co.kr]
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