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In North Korea, homes near markets fetch triple pre-pandemic prices

Housing prices near a market in the North Korean city of Chongjin have climbed as much as three times their pre-pandemic levels in 2026.

  • Housing prices near Sunam Market in Chongjin tripled post-pandemic.
  • Demand for homes serving dual residential and commercial purposes drives prices.
  • Brokers manage paperwork for residence-use permits and government filings.

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