9 in 10 experts predict housing slowdown this year
newscatcher
2023-03-05 09:31
9 in 10 experts predict housing slowdown this year
KB Financial Group headquarters in western Seoul (KB Financial Group)More than 90 percent of real estate experts predicted a decline in housing prices this year, while 1 in 2 said the housing market could see a rebound next year, according to a KB Financial Group report released Sunday.The report said transaction prices of houses nationwide fell 1.8 percent last year, a first in 10 years. Daegu showed the highest decline with 5.2 percent, followed by Daejeon with 4.4 percent and the greater Seoul area with 2.

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