Seoul Apartment Prices End 40-Week Climb and More Asia Real Estate Headlines
Seoul’s apartment prices stabilised in the final week of 2024 (Getty Images)Seoul apartment prices were flat in the waning days of 2024 to snap a 40-week growth streak, with that story leading todays headline roundup. Also in the news, Hong Kong home sales are poised to gather pace after hitting a three-year high and a housing shortage looms in South Korea.Seoul Apartment Prices End 40-Week Upward RunThe price of apartments in Seoul, which had maintained an upward trend for 40 consecutive weeks, has stabilised. Nationwide, South Korean apartment prices continued to decline for a seventh consecutive week.
According to the Korea Real Estate Board, the national apartment price in the last week of December fell 0.03 percent compared with the previous week. Read more>>Hong Kong Home Sales Expected to Continue Recovering in 2025Hong Kongs property transactions...
