The variety of owners in Korea elevated 2.3 p.c from a yr earlier in 2024, with feminine possession exhibiting a gradual rise, authorities information confirmed Friday.
The overall variety of folks with dwelling possession registrations reached 15.98 million final yr, up 357,000 from the earlier yr, in accordance with the info from the Ministry of Information and Statistics.
The information confirmed that 7.2 million had been feminine owners, making up 46.4 p.c of the overall.
The ratio has been on a gradual rise, from 45.6 p.c in 2021 to 45.9 p.c in 2022 and 46.2 p.c in 2023.
The ministry partly attributed the regular progress in ladies’s dwelling possession to better gender empowerment and a rise within the variety of single ladies proudly owning properties.
Amongst all owners, 2.38 million folks, or 14.9 p.c, owned two or extra properties.
The proportion of a number of dwelling homeowners reached its peak in 2019 at 15.9 p.c however has since been on a downward pattern, partly as a result of rising property taxes.
By area, the southern island of Jeju recorded the very best proportion of a number of dwelling homeowners at 20 p.c, adopted by South Chungcheong Province at 17.4 p.c.
In distinction, the proportion was comparatively low in Seoul and the encircling Gyeonggi Province, the place it stood at 13.8 p.c.
The information additionally confirmed that 13.6 million folks owned just one property, representing 85.1 p.c of all owners.
