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Seoul apartment permit applications rise 24% in September

Seoul apartment permit applications rise 24% in September

Seoul apartment permit applications rose to 3,678 in September, according to figures reported by Seoul city and others.

The applications are for permission to trade apartments covered by land-transaction rules.

The September total was 24.1% higher than August's 2,963 applications.

Applications had fallen for four straight months, from May through August.

September was the first monthly increase in five months.

The figures show a reversal in the recent trend, but no reason for the rise or next steps were given.

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