Most Popular
-
1
Dongduk Women’s University halts coeducation talks
-
2
Russia sent 'anti-air' missiles to Pyongyang, Yoon's aide says
-
3
Defense ministry denies special treatment for BTS’ V amid phone use allegations
-
4
OpenAI in talks with Samsung to power AI features, report says
-
5
Two jailed for forcing disabled teens into prostitution
-
6
South Korean military plans to launch new division for future warfare
-
7
Gold bars and cash bundles; authorities confiscate millions from tax dodgers
-
8
Teen smoking, drinking decline, while mental health, dietary habits worsen
-
9
Kia EV9 GT marks world debut at LA Motor Show
-
10
North Korean leader ‘convinced’ dialogue won’t change US hostility
Population mobility rises for 6th month in Nov. amid rising home prices
By YonhapPublished : Dec. 23, 2020 - 13:10
The number of South Koreans who moved to different parts of the country rose for the sixth straight month in November amid rising housing prices, data showed Wednesday.
The number of people who changed their residences gained 7.9 percent on-year to 610,000 in November, according to the data compiled by Statistics Korea.
The tally has risen since June, when the number of such people grew 25.3 percent on-year to 607,000.
The population mobility rate -- the number of those relocating per 100 people -- remained at 14.5 percent in November, up 1.1 percentage points from a year earlier.
The statistics agency said people's movements increased as housing transactions rose amid rising home prices.
The rise in housing prices showed no letup despite the government's efforts to stabilize soaring home prices. Housing prices rose 0.6 percent on-year in November, the fastest gain since June 2018, when home prices also went up 0.6 percent, according to a separate report by Statistics Korea.
Prices for home rentals also skyrocketed in recent months due largely to a supply shortage of housing lease deals.
AThe country has rolled out a series of comprehensive measures to stem rising home prices, including tax hikes and loan regulations. But the measures have resulted in only a short-term letup in housing prices. (Yonhap)
The number of people who changed their residences gained 7.9 percent on-year to 610,000 in November, according to the data compiled by Statistics Korea.
The tally has risen since June, when the number of such people grew 25.3 percent on-year to 607,000.
The population mobility rate -- the number of those relocating per 100 people -- remained at 14.5 percent in November, up 1.1 percentage points from a year earlier.
The statistics agency said people's movements increased as housing transactions rose amid rising home prices.
The rise in housing prices showed no letup despite the government's efforts to stabilize soaring home prices. Housing prices rose 0.6 percent on-year in November, the fastest gain since June 2018, when home prices also went up 0.6 percent, according to a separate report by Statistics Korea.
Prices for home rentals also skyrocketed in recent months due largely to a supply shortage of housing lease deals.
AThe country has rolled out a series of comprehensive measures to stem rising home prices, including tax hikes and loan regulations. But the measures have resulted in only a short-term letup in housing prices. (Yonhap)
