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South Korea to fuel property as China targets market slowdown

Posted on 20 March 2013

South Korean housing sales at the lowest levels since 2006 are increasing the urgency of President Park Geun Hye’s plans to bolster the market, just as China, Singapore and Hong Kong enact cooling measures.
Transactions fell 14 percent to 47,288 in February, the least for that month in seven years, according to the land ministry. Prices are also sliding, with values in Seoul lower than any time since March 2008………………………………………..Full Article: Source


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