Population mobility down 10% in Sept. to lowest level in 53 years

Korea Times News ·
Economy Housing Market South Korea
South Korea

The number of Koreans who moved to new residences fell in September from a year earlier following a steady decline in housing transactions, data showed Wednesday. Around 444,000 people changed residences in September, compared with 494,000 a year earlier, according to the monthly tally from the Ministry of Data and Statistics. It was the lowest September figure since 1973, when 378,000 people…

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