SEOUL : South Korea's house price decline softened in May to the weakest pace in 10 months, data showed on Thursday, amid rising hopes for a recovery in the market.The nationwide house transaction price index fell 0.22 per cent in May, more than halving from April's 0.47 per cent loss, according to the Ko
SEOUL : South Korea's house price decline softened in May to the weakest pace in 10 months, data showed on Thursday, amid rising hopes for a recovery in the market.
It was a 12th consecutive month for the index to log a monthly loss. Still, its declining pace was the softest since July, continuing to ease from the record 1.98 per cent drop in December.
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