Tag: housing market

housing market

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Gov't designates three Gyeonggi areas as regulation zones as real estate prices spike

The Land Ministry and Gyeonggi are cracking down in Dongtan, Giheung and Guri, tightening lending, taxes and land deals to cool surging home prices driven by expanded rail service and the chip boom.

2026.6.30

The tail cannot wag the dog (KOR)

Lee Jae Myung’s housing controls and tax proposals ignore household wealth realities and keep driving cash into real estate.

2026.6.18

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The tail cannot wag the dog

Lee Jae Myung’s housing controls and tax proposals ignore household wealth realities and keep driving cash into real estate.

2026.6.17

A real estate agency in Seoul on April 27 [YONHAP]

Lending rates fall in March for first time in four months

Banks' overall lending rates fell for the first time in four months in March as a decline in corporate loan rates outweighed a rise in household lending rates amid tighter regulations aimed at stabilizing the housing market, data showed Tuesday.

2026.4.28

Apartment buildings are seen from Mount Nam in central Seoul on Feb. 12. [YONHAP]

Younger homeowners hit by rising house prices, older owners benefit

Rising home prices in Korea have reduced spending and overall economic well-being for younger households while increasing wealth for older homeowners, a Bank of Korea (BOK) report showed on Thursday.

2026.2.17

President Lee Jae Myung speaks at a senior aides' meeting at the Blue House in Jongno District, central Seoul, on Jan. 29. [YONHAP]

Lee vows to rein in real estate speculation 'by any means necessary'

President Lee Jae Myung on Tuesday pledged to rein in real estate speculation, which he said threatens the country's future, vowing to stabilize the housing market "by any means necessary."

2026.2.3

President Lee Jae Myung speaks during a senior presidential secretary meeting at the presidential office in central Seoul on Oct. 23. [NEWS1]

Lee's approval rating falls for 2nd straight week to 51.2 pct: Poll

President Lee Jae Myung's approval rating fell for a second consecutive week, a survey showed Monday, amid controversy over the government's recent measures aimed at stabilizing the housing market.

2025.10.27

Multi-unit housing buildings are seen from Namsan in central Seoul on Sept. 29. [YONHAP]

Gov't to unveil measures to stabilize housing market this week

The government plans to announce a set of measures to stabilize the housing market this week as home prices in Seoul and some parts of Gyeonggi have sharply risen, the liberal Democratic Party said Sunday.

2025.10.13

Apartment buildings as seen from Mount Namsan in central Seoul on Sept. 18 [YONHAP]

Apartment prices north of Han get hot after mortgage rule chill

Seoul’s apartment prices, which had cooled since the government’s mortgage restrictions in June, are climbing once again, led by the northern Han River belt districts of Seongdong, Mapo and Gwangjin.

2025.9.19

The photo shows the neonatal unit at CHA Ilsan Medical Center in Goyang, Gyeonggi on Aug. 27. [NEWS1]

Out-of-wedlock births skyrocket as social attitudes change, young couples game the system

The percentage of children born outside of marriage jumped to 5.8 percent in 2024, nearly double the rate of 2020, as changing social attitudes led to more extramarital births and housing-related incentives encouraged couples to delay marriages.

2025.9.11