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Korea: Housing market continues to suffer stagnation

Posted on 30 July 2012

The housing market is continuing to stagnate, with industry sources saying sales volume dropping by 20-50 percent every month compared to the same period last year.
Following the sluggish demand, house prices are falling in the metropolitan area. Prices for apartments in Gangnam, where prices peaked in 2007, have been decreasing steadily since 2010………………………………………..Full Article: Source


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