South Koreans expect the housing market to heat up further, according to a Bank of Korea survey, in data likely to boost bets that the central bank will keep its policy settings on hold later this week.
An index measuring the outlook for home prices climbed to 118 in August from 115 last month, marking a third straight rise, the BOK said in its consumer confidence data released Tuesday. Expectations for goods inflation accelerated by a point to 145, following a drop to 144 in July.
