Construction Costs Hit Record High for Fourth Consecutive Month—Will This Drive Up Apartment Sale Prices?

South Korea's Construction Cost Index hit record highs for four straight months, raising concerns that soaring costs will soon drive up apartment sale prices nationwide.

Yonhap Infomax
The Construction Cost Index in South Korea surged to a record high of 131.66 in September, driven by rising labor and material costs, marking the highest level since data collection began in 2000.
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Construction Costs Hit Record High Since 2000

The Construction Cost Index in South Korea surged to a record high of 131.66 in September, driven by rising labor and material costs, marking the highest level since data collection began in 2000.

Yonhap Infomax