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Housing Price Growth in Seoul Slows Significantly

Written: 2018-10-31 18:53:04Updated: 2018-10-31 18:56:43

Housing Price Growth in Seoul Slows Significantly

Photo : KBS News

The rate of growth for housing prices in Seoul has slowed significantly compared to last month driven by a string of antispeculation measures announced on September 13th.

According to the Korea Appraisal Board, the price of housing units in Seoul rose zero-point-51 percent this month on average from last month. In September, it grew one-point-25 percent. 

In particular, the price growth of apartments in the capital slowed from one-point-84 percent in September to zero-point-58 percent.

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