Land prices nationwide increased by 0.59% in the 3rd quarter of 2024 rising 0.04%p from the previous quarter, whereas land transaction
volume in the same quarter decreased by 0.1% compared to the 2nd quarter of the year
The Ministry of Land, Infrastructure and Transport (MOLIT, Minister PARK Sang-woo) and the Korea Real Estate Board (REB, Chairperson SON Tae-rak) released indices of land price and land transaction volume for the 3rd quarter of 2024.
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