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S.Korea: Data suggests real estate in recovery

Posted on 16 November 2010

From Joongang Daily: The number of apartment transactions in Seoul and its surrounding areas rose sharply in October, adding to the belief that the real estate market is on the path to recovery. According to the Ministry of Land, Transport and Maritime Affairs, the number of apartments that were traded last month in Seoul and the surrounding area rose nearly 40 percent.
In October, 3,126 apartments were bought and sold in Seoul, which is 39 percent more than in September, while apartments traded in the surrounding areas rose 37.5 percent to 12,401……………………………………….Full Article: Source

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