Korea Joongang Daily
Korea JoongAng Daily

60% of Koreans say inflation control should be top priority to improve livelihoods

Six out of 10 Koreans believe stabilizing prices should be the government’s top priority to improve livelihoods, according to a survey released Tuesday by the Federation of Korean Industries (FKI).

2025-05-20

'I can even give my grandchildren allowance money': Korea’s plan to pull 340,000 older adults out of poverty

Increasing numbers of older Korean adults are utilizing housing pensions to alleviate financial strain in retirement, with evolving attitudes toward inheritance and proposals for reforms to boost enrollment.

2025-05-16

North Korea says 20,000 homes to be built in 130 rural areas this year

Around 20,000 housing units will be built across 130 agricultural areas in North Korea this year as part of efforts to close the gap between urban and rural regions, the Rodong Sinmun — North Korea's mainstream newspaper — reported Sunday.

2025-05-11

North Korea pushes ahead with final phase of Pyongyang housing project

North Korea is pressing ahead with efforts to complete the last stage of a five-year housing project to build 50,000 homes in Pyongyang by the end of this year, state media said Monday.

2025-05-05

Number of unsold new homes hits near 12-year high

The number of unsold new homes in Korea has reached the highest level in 11 years and five months, data showed Sunday, due mainly to weak demand for new homes in provincial regions.

2025-04-20

Audit determines Moon administration manipulated housing statistics

The former President Moon Jae-in's administration was found to have systematically manipulated key national statistics related to housing, income and employment, according to an audit by the Board of Audit and Inspection (BAI) announced Thursday.

2025-04-17

North Korean leader Kim Jong-un lauds 'new era of prosperity' during visit to Pyongyang housing construction site

North Korean leader Kim Jong-un has visited a major housing construction site nearing completion in Pyongyang, describing it as bringing a "new era of prosperity" to the capital, state media reported Sunday.

2025-03-16

LH to purchase 3,000 unsold apartments

The Korea Land and Housing Corp. will buy 3,000 unsold apartments below market price.

2025-02-19

Market mix: Jeonse prices rising for apartments, falling for multifamily homes

In Seoul, as real estate purchases decline, jeonse prices are on rise for apartments but falling for multifamily units.

2025-02-02

Chinese nationals own majority of foreign-owned housing in Korea

Chinese nationals accounted for 56 percent of all housing units owned by foreigners in Korea, data showed Friday.

2024-11-29