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S.Korea Jan housing prices fall for 7th straight month

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SEOUL | Thu Jan 31, 2013 8:42pm EST

SEOUL Feb 1 (Reuters) - Housing prices in South Korea fell 0.1 percent in January from December, the seventh consecutive month of declines, data from the country's top mortgage lender showed on Friday.

Compared with a year earlier, housing prices in January were down 0.2 percent, their first annual decline since October 2009 and the sharpest fall since a 0.5 percent drop in September 2009, Kookmin Bank data showed. (Reporting by Choonsik Yoo; Editing by Eric Meijer)

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