The fixed-rate share of new mortgages rose from 31.9% to 35.3% in August, the first increase in 10 months. Variable rates rose more, and on a KRW 300 million loan, the extra a...

Applications for land transaction permits, which Seoul buyers must file with their district office before buying, fell 65.1% in four months, from 10,165 in April to 3,547 in August, and September's 3,853 through the 28th was 62% below April. Yet Seoul...

Seoul apartment prices have risen for 85 straight weeks, matching the record. Yet Gangnam and Seocho have fallen for seven weeks, while Seongbuk and Seodaemun lift the city. Loan and tax rules are cited for Gangnam, and a jeonse (lump-sum...

While Seoul apartment prices rose for 85 straight weeks, Korea's ordinary shop vacancy rate climbed for seven straight quarters to 13.36%. Apartment prices come from a shortage of homes to live in...

The low end of 5-year fixed mortgage rates at Korea's five biggest banks rose 0.69 percentage point from late May to 4.95% a year (Sept. 17). That is because the 5-year bank bond...

Seoul apartment prices have risen for 84 straight weeks, one short of the all-time record. The total gain is more than double the 2020-22 frenzy, and this time rates are...

At Olympic Park Foreon, an 84㎡ jeonse (Korea's lump-sum deposit lease) went for KRW 1.65 billion on a new September contract, versus KRW 840 million on a renewal. Renewals start from the old price and only new contracts absorb the higher market rate, yet those who stay...