Menu Content
Go Top

Economy

No. of Unsold Homes Soars to 24,000, Largest Since 2013

Written: 2025-04-20 13:00:40Updated: 2025-04-20 13:11:23

No. of Unsold Homes Soars to 24,000, Largest Since 2013

Photo : YONHAP News

The number of houses that remained unsold after the completion of construction has continued to rise, reaching its highest level in over eleven years as of February.

According to data from the Ministry of Land, Infrastructure and Transport on Sunday, the number of so-called "malignant" unsold homes nationwide totaled 23-thousand-722 at the end of February, nearly doubling from a year earlier.

Compared to the previous month, the figure increased by six-point-one percent, or approximately 15-hundred homes.

The February figure marks the highest since September 2013, when 24-thousand-667 homes remained unsold.

More than 80 percent of the unsold homes were located outside the capital region.

Daegu recorded the highest number, with approximately three-thousand unsold homes, followed by North Gyeongsang, South Gyeongsang, South Jeolla, Busan, Jeju and South Chungcheong.

Editor's Pick

Close

This website uses cookies and other technology to enhance quality of service. Continuous usage of the website will be considered as giving consent to the application of such technology and the policy of KBS. For further details >