Tag: housing prices

housing prices

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Taxation brings down administrations, not prices (KOR)

Tax-driven housing policies under former Presidents Roh and Moon failed to curb prices, hurting ordinary buyers and renters. They now pose a political risk for current President Lee Jae-myung.

2026.8.5

Taxation brings down administrations, not prices

Tax-driven housing policies under former Presidents Roh and Moon failed to curb prices, hurting ordinary buyers and renters. They now pose a political risk for current President Lee Jae-myung.

2026.8.4

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Bank of Korea's headquarters in central Seoul on Aug. 12, 2025

Korea's per capita household net assets up 9% in 2025

Per capita household net assets rose to 274.7 million won in 2025 as housing and stock prices climbed, Bank of Korea data showed.

2026.7.22

Taxes are not a tool for controlling housing prices (KOR)

As Lee Jae Myung signaled higher real estate taxes, critics warned that Korea could repeat enacting policies that squeezed supply, raised rents and ultimately failed to tame home prices.

2026.6.26

Taxes are not a tool for controlling housing prices

As Lee Jae Myung signaled higher real estate taxes, critics warned that Korea could repeat enacting policies that squeezed supply, raised rents and ultimately failed to tame home prices.

2026.6.25

Wrong diagnosis, wrong prescription and public hardship (KOR)

Despite broad local election wins, President Lee Jae Myung faces growing criticism that his administration is misreading voter anger over democracy concerns, housing and household hardship.

2026.6.12

Wrong diagnosis, wrong prescription and public hardship

Despite broad local election wins, President Lee Jae Myung faces growing criticism that his administration is misreading voter anger over democracy concerns, housing and household hardship.

2026.6.11

President Lee Jae Myung speaks during a Cabinet meeting at the Blue House on Feb. 3. [NEWS1]

Lee steps up resolve to stabilize housing prices

President Lee Jae Myung on Wednesday stepped up his resolve to stabilize home prices, saying that people suffering from a jump in housing prices should get more consideration than owners of multiple homes.

2026.2.4

Apartments are seen in Seoul on Aug. 25. [NEWS1]

Consumer sentiment hits seven-year high in August as housing market optimism grows

Korean households expressed stronger optimism about the housing market and the economy in August, with home price expectations increasing and consumer sentiment at its highest point in more than seven years.

2025.8.26

The photo shows apartment buildings in Seoul as seen from Mount Namsan on July 24. [NEWS1]

Seoul's housing marks slowest growth since 1960 amid increased prices

The total number of housing units in Seoul grew at the slowest pace ever in 2024 amid a continued increase in housing prices in the capital, data showed Tuesday. As of Nov. 1, 2024, the total number of homes in the capital city stood at 3.17 million.

2025.7.29