SEOUL, April 25 (Korea Bizwire) — Newlywed couples who have owned a home since getting married had a greater chance of having children than newly married couples without homes, data showed Sunday, indicating that owning houses may affect childbirths. Of 212,000 first-time and newly married couples who tied the knot in 2014 and maintained their [...]
JEJU, Apr. 23 (Korea Bizwire) — Construction companies are facing the consequences of the decline in the real estate market on Jeju Island, as an increasing number of houses are sitting empty without buyers. Jeju Province announced on Monday that as many as 1,271 residences were left unsold this year. The number of unsold homes [...]
SEOUL, Jan. 22 (Korea Bizwire) — The Ministry of Land, Infrastructure, and Transport and the Korea Appraisal Board on Monday announced that they are developing a ‘housing registration number’ that assigns unique numbers to all South Korean homes. Housing registration numbers are similar to resident registration numbers, except they reference houses instead of people. The [...]