Population mobility in S. Korea hits 51-yr low in 2025 on housing slump

SEOUL -- The number of South Koreans moving to new residences within the country fell to a 51-year low in 2025, weighed down by sluggish housing transactions and demographic changes, government data showed Thursday.About 6.12 million people changed residences last year, down 2.6 percent from the previous year, according to the Ministry of Statistics and Data. The figure marked the lowest level since 1974, when 5.29 million people relocated.The ministry said population mobility has been declining over the long term due to low birth rates and rapid population aging, which have reduced the num…READ FULL ARTICLE