koreas-housing-market-bounces-back

KoreaÆs housing market bounces back

The central bank is concerned about a new property price bubble, but analysts say worries are overdone.

A surge in housing prices in recent months has put Korea's central bank under the spotlight, and has raised speculation that it might hike interest rates to slow any speculative bubble. Between April and August, housing prices climbed for five consecutive months, according to data collected by Kookmin Bank.

¬ Haymarket Media Limited. All rights reserved.

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