Household loans extended by five major lenders in South Korea rose for the second straight month in May on a rise in mortgage and credit loans, industry data showed Sunday. Household loans extended by the five top lenders added 4.7 trillion won ($3.39 billion) from a month earlier to 702.7 trillion won as of end-May, according to data compiled by Yonhap News Agency. It marked the second consecutive on-month growth fr.
Household loans extended by five major lenders in South Korea rose for the second straight month in May on a rise in mortgage and credit loans, industry data showed Sunday.
High-End Seoul Apartment Complex Hosts Marriage Matchmaking for Single Residents koreabizwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreabizwire.com Daily Mail and Mail on Sunday newspapers.
President Yoon Suk Yeol on Monday touted his administration s policy efforts as the reason behind the recent signs of the housing market stabilizing. Yoon said his conservative administration will spare no efforts to further stabilize the housing market, as the interest rate and the cost of construction remain high, posing hurdles for the housing supply in Seoul, which is suffering a shortage of affordable housing fo.
SEJONG, South Korea - South Korea won't see a repeat of the sharp home price gains it did in the past as its population rapidly ages and economy slows, the country's land minister said, vowing to promote public rental accommodation to improve access to housing. Read more at straitstimes.com.