30-Somethings Buy Most Apartments in Seoul

      October 22, 2020 13:20

      A record proportion of people in their 30s bought apartments in Seoul last month.

      According to the Korea Appraisal Board Wednesday, 30-somethings bought 1,790 apartments in Seoul in September, accounting for a whopping 37.3 percent of all purchases.

      But the overall number of purchases fell sharply from a month earlier due to harsh government curbs on home buyers.

      /Yonhap

      A growing number of 20-somethings are also buying apartments in Seoul, accounting for 204 transactions or 4.3 percent of all.

      That means more than 40 percent of apartments that were sold in the capital in September were snapped up by young people.

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