South Korea’s population mobility falls for 16 months
South Korea’s population mobility has kept falling for 16 straight months in April owing to the lacklustre housing market and the ageing population, official data showed Wednesday.
According to Statistics Korea, the number of people who changed their residence stood at 483,000 in April, down 18.7 per cent from a year earlier.
It continued to slide for 16 months since January last year as the ageing population refrained from moving to other regions.
The housing market downturn also contributed to the lower mobility.
The number of people aged 15 to 29 declined by 197,000, and those in their 30s and 40s reduced by 132,000 and 72,000 respectively in April.
The number of those in their 50s and 60s expanded by 38,000 and 568,000 each last month.
The combined number of housing transactions was 97,000 nationwide in February and March, down 48.9 per cent from the same period last year.
(Xinhua/NAN)
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