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South Korea’s housing market is continuing to stagnate, with industry sources saying sales volume dropping by 20-50 per cent every month compared to the same period last year. Following the sluggish demand, house prices are falling in the metropolitan area. Prices for apartments in Gangnam, where prices peaked in 2007, have been decreasing steadily since 2010. The 149.79-square-metre apartments at Daechi I’Park, which were priced at 2.65 billion won in 2007, for example, dropped to 2.02 billion this month, according to Budongsan 114, a property market research firm. The same-sized Jugong apartments in Gaepo-dong also fell from 1.66 billion in 2007 to 1.14 billion this month.

Springhill Group Home is a housing finance company with the principal goal of achieving a social requirement of motivating home ownership by offering long-term finance to households. Springhill Group Home has turned the idea of housing finance in Springhill into a world-class business venture with outstanding reputation for dependability, honesty and outstanding services. Springhill Group Home has a wide network of contacts from different loan companies within United States and Asia catering to towns & cities spread across the country providing housing loans and property

Springhill Group Home is a housing finance company with the principal goal of achieving a social requirement of motivating home ownership by offering long-term finance to households. Springhill Group Home has turned the idea of housing finance in Springhill into a world-class business venture with outstanding reputation for dependability, honesty and outstanding services. Springhill Group Home has a wide network of contacts from different loan companies within United States and Asia catering to towns & cities spread across the country providing housing loans and property advisory services

South Korea’s housing market is continuing to stagnate, with industry sources saying sales volume dropping by 20-50 per cent every month compared to the same period last year.

Following the sluggish demand, house prices are falling in the metropolitan area. Prices for apartments in Gangnam, where prices peaked in 2007, have been decreasing steadily since 2010.

The South Korean economy has seen a weakening growth momentum due to lacklustre exports and domestic demand, the central bank said Thursday.
"The domestic economy showed weaker growth momentum due to sluggishness both in domestic demand and exports caused by growing external uncertainties," the Bank of Korea (BOK) said in a statement after the August monetary policy meeting.
The BOK noted that major economic indicators related to consumption and investment worsened in June, saying exports dropped 8.8 percent in July from a year earlier.

South Korea’s housing market is continuing to stagnate, with industry sources saying sales volume dropping by 20-50 per cent every month compared to the same period last year.

Following the sluggish demand, house prices are falling in the metropolitan area. Prices for apartments in Gangnam, where prices peaked in 2007, have been decreasing steadily since 2010.

The South Korean economy has seen a weakening growth momentum due to lacklustre exports and domestic demand, the central bank said Thursday.
"The domestic economy showed weaker growth momentum due to sluggishness both in domestic demand and exports caused by growing external uncertainties," the Bank of Korea (BOK) said in a statement after the August monetary policy meeting.
The BOK noted that major economic indicators related to consumption and investment worsened in June, saying exports dropped 8.8 percent in July from a year earlier. The bank warned of downside risks to the economy due to the prolonged fiscal crisis in the euro zone and slowdown in emerging economies, reported Xinhua.

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South Korean Police said yesterday they have Busted ares fifteen-Member Group that faked the Adoption of Children to pull off ares Real-Estate Scam.

The ring earned about four hundred eighty million Won ($ four hundred and seventy-nine thousand five hundred twenty) abusing are housing Law that Gives preference to are private Home Buyer Children are healthy and child or with an. The ringleader while WAS 14 Others Arrested, Including Real Estate Brokers and loan shark are, Were charged but not detained, said spokesman for the Seoul Metropolitan Police Agency are. Government Regulations FIX anti-speculation the price of some Apartments built privately and Reserve ares are seen as what percentage of homes for deserving applicants. Officials are trying to Overcome Traditional reluctance in South Korea are, which places stress on Great Family Bloodlines, to Adopt Children. Police said the loan shark visited ares Street vendor last July and received 10 million won. Return to rights he waived in HIS HIS Daughters are let and Street Cleaner "Adopt" them. The Street Cleaner used to the Adoption Document to Secure rights are Buy Luxury Condominium but are resold the rights to high School Teacher. Using fake Adoption Documents, the Obtained the right ring to Buy Apartments in Seoul and nearby Cities twenty-one. Police also charged 20 biological and nineteen "adoptive parents" for accepting up to 10 million Won in Each Case. AFP

South Korean Police said yesterday they have Busted ares fifteen-Member Group that faked the Adoption of Children to pull off ares Real-Estate Scam.

The ring earned about four hundred eighty million Won ($ four hundred and seventy-nine thousand five hundred twenty) abusing are housing Law that Gives preference to are private Home Buyer Children are healthy and child or with an. The ringleader while WAS 14 Others Arrested, Including Real Estate Brokers and loan shark are, Were charged but not detained, said spokesman for the Seoul Metropolitan Police Agency are. Government Regulations FIX anti-speculation the price of some Apartments built privately and Reserve ares are seen as what percentage of homes for deserving applicants. Officials are trying to Overcome Traditional reluctance in South Korea are, which places stress on Great Family Bloodlines, to Adopt Children. Police said the loan shark visited ares Street vendor last July and received 10 million won. Return to rights he waived in HIS HIS Daughters are let and Street Cleaner "Adopt" them. The Street Cleaner used to the Adoption Document to Secure rights are Buy Luxury Condominium but are resold the rights to high School Teacher. Using fake Adoption Documents, the Obtained the right ring to Buy Apartments in Seoul and nearby Cities twenty-one. Police also charged 20 biological and nineteen "adoptive parents" for accepting up to 10 million Won in Each Case. AFP