Hong Nam-ki "Housing Market Uptrend Pauses... Clear Signs of Market Sentiment Shift"

32nd Real Estate Market Inspection Meeting of Relevant Ministers

Hong Nam-ki, Deputy Prime Minister for Economy and Minister of Strategy and Finance. (Photo by Ministry of Strategy and Finance)

[Sejong=Asia Economy Reporter Moon Chaeseok] On the morning of the 27th, Hong Nam-ki, Deputy Prime Minister and Minister of Economy and Finance, presided over a meeting of related ministers to inspect the real estate market and diagnosed, "Recently, the housing market has shown signs of a pause in the previous upward trend and a gradual change in market sentiment, as the effects of a series of measures such as the visible housing supply measures since the end of August, interest rate hikes, and strengthened household loan management continue."

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