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SEOUL (Reuters) - South Korea's home prices fell for a ninth consecutive month in February but the pace of declines slowed for a second month followin.
A delegation of high-level government officials has discussed ways to fortify cooperation with three Central and South American countries in the areas of agriculture and spatial data management, the land ministry said Sunday.
SEOUL - A downturn in South Korea's home prices is causing pain in the country's unusual rent-free rental system that benefited landlords and tenants alike during a long surge in residential property prices. In the "jeonse" scheme, tenants put up a deposit typically worth as much as 70 per cent of the home's value, then live without paying rent for.