Debt policies, U.S. rate hike pull down apartment market transactions
Dec 20, 2015
(123RF)Korean housing market transactions for speculation turned bearish in December, amid toughened household debt control policies, housing oversupply and uncertainties from the U.S. rate hike, municipal government data showed on Sunday. As of Dec. 18, the apartment market transactions stood at 5,470 deals, accounting for only 55 percent of the monthly transactions in November, according to Seoul Property Information Plaza, a housing market information provider operated by the municipality of