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Tag : South Korea property market

residential properties by Han River

Aug 13, 2015 AM EDT - Dana Marie

Korea Experiences the Effect of Low Mortgage Rates – Rising Household Debt

For the first time, since data on loans have been compiled, South Korea’s household debt has exceeded 600 trillion won ($512 billion). Despite the government’s efforts to control borrowing, the total amount has continued to rise.

Seoul, South Korea

Jul 31, 2015 AM EDT - Dana Marie

Strong Housing Market in South Korea for Q2 2015

The housing market in South Korea has shown strong signs of improvement in Q2 2015, thanks to the steady rise of prices and huge number of transactions.

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