Housing prices in Seoul show signs of rebounding, Land Ministry may step in
EconomyJul 7, 2019
With housing prices in Seoul showing clear signs of rebounding, the government is considering taking steps to rein in the overheated market. Officials at the Ministry of Land, Infrastructure and Transport said Sunday that the ministry will intervene if housing prices in Seoul grow faster than expected on the basis of government projections. According to the Korea Appraisal Board last Monday, Seoul apartment prices had increased 0.02 percent from a week before, ending a downward trend that went