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Real Estate Briefing - Categorized | Market Moves

Korea: Real estate market to rebound in 2010

Posted on 26 November 2009

From Koreatimes.co.kr: A local economic think tank said Wednesday that the real estate market is expected to turn upward next year in line with an economic rebound but a key rate hike will stand in the way of recovery.

In its latest report, Samsung Economic Research Institute (SERI) said that the real estate market is likely to undergo a mild recovery next year as robust economic growth and the government’s supply of homes will combine to boost market demand………………………….Full Article: Source

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