November Remax Monthly Real Estate Journal Comprehensive Housing Sales Price Index The national housing sales price index for November 2025 rose 0.241 TP3T from the previous month, continuing its upward trend for the sixth consecutive month. Seoul, in particular, rose 0.791 TP3T, significantly exceeding the national average. This increase was particularly strong in redevelopment projects, areas near subway stations, and large-scale complexes.

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2025.10 Comprehensive Housing Price Index [Sales] The national housing sales price index in October 2025 rose 0.291 TP3T from the previous month, continuing its upward trend for the seventh consecutive month. Seoul, in particular, rose 1.191 TP3T, significantly exceeding the national average, and key areas with excellent residential conditions, education, and transportation infrastructure…

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The Act on the Ownership and Management of Multi-unit Buildings (hereinafter referred to as the "Multi-unit Building Act") raises significant questions regarding which parts of a building are exclusive and which are common. The "exclusive portion" refers to the portion of a building that is the subject of sectional ownership (Article 2, Paragraph 3 of the Multi-unit Building Act). Article 1 of the Multi-unit Building Act…

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When Korean nationals, foreign nationals, or overseas Koreans residing abroad engage in domestic real estate transactions and contracts, and are unable to visit the transaction site in person, they are required to delegate legal authority to a trusted agent. This document must be completed…

Continue ReadingReal Estate Knowledge: A Practical Guide to Powers of Attorney, Notarization, and Apostilles for Overseas Residents

According to the Korea Real Estate Board, the national average office vacancy rate in the third quarter of 2025 was 8.91 tp3t, up 0.31 tp3t from the previous quarter (8.61 tp3t). The temperature difference within the metropolitan area was evident. Gyeonggi Province saw the largest increase nationwide, surging 4.11 tp3t to 11.11 tp3t, while Seoul saw the largest increase, reaching 5.31 tp3t (+0.31 tp3t).

Continue ReadingOffice vacancy rates in Q3 are clear in Seoul, cloudy in the economy, and regional polarization is deepening.

Reviving Aging Accommodations: A New Combination of Real Estate and Hospitality. Global real estate franchise REMAX Korea has partnered with hotel management specialist AZMT to launch a new project aimed at revitalizing the value of vacant properties. The two companies signed a strategic memorandum of understanding (MOU) on November 7th…

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November, Accelerating Global Network Expansion...The Trends of Change Driven by Remax Korea. During November, Remax Korea made significant progress in several areas, including strengthening global network cooperation, announcing agent and franchisee performance, and hosting franchisee show property events.

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