data
showed on Monday that house prices fell for an 11th
consecutive month in April but the pace of declines slowed on
the back of deregulation measures introduced since Yoon took
office in May last year.
(Reporting by Choonsik Yoo; Editing by Christopher Cushing and
Kim Coghill)
(Adds quote and latest data at paragraphs 2-3)
SEOUL, May 16 (Reuters) - South Korean President Yoon
Suk Yeol said on Tuesday the country's housing market was
stabilising following his government's swift unwinding of
restrictions imposed under the previous administration.
"The housing market is stabilising as a result of (the
government's) swift promotion of measures to normalise
anti-market (policies)," Yoon said during a televised opening
speech at a cabinet meeting.
Official
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