Apartment Prices Recover

  • Arirang News

    March 05, 2010 11:21

    The average sale price of apartments nationwide rose 4.9 percent compared to last year.

    Data released by the Ministry of Land, Transport and Maritime Affairs shows that this year's average apartment price has reached the level of 2008, before the nation's real estate market was hit by the global economic crisis.

    Gwacheon, which saw apartment prices drop in 2009, posted the highest increase of 19 percent this year. Prices also rose in other cities including Seoul, Busan and Daejeon.

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