The Ministry of Land, Infrastructure and Transport (Minister Kim Yoon-deok) announced on the 10th that, following internet real estate misinformation monitoring conducted primarily in college towns where young people reside, 321 out of 1,100 advertisements were identified as false or exaggerated and suspected of being illegal.
This investigation was part of monitoring for the indication and advertisement of brokerage objects according to Article 10, Paragraph 3, Subparagraph 1 of the Enforcement Regulations of the 「Certified Real Estate Agent Act」 and was conducted over approximately five weeks from July 21 to August 22, targeting 10 university towns with a high ratio of young residents nationwide.
The areas surveyed were Cheongryong-dong in Gwanak-gu, Hwayang-dong in Gwangjin-gu, Sinchon-dong in Seodaemun-gu, Sangdo 1-dong in Dongjak-gu, Anam-dong in Seongbuk-gu, Sageun-dong in Seongdong-gu, Oncheon 2-dong in Yuseong-gu, Daejeon, Jangjeon 1-dong and Daeyeon 3-dong in Nam-gu, Busan, and Yulcheon-dong in Jangan-gu, Suwon, Gyeonggi-do.
The ministry revealed that, through the monitoring results of property listings on major online platforms such as Naver Real Estate, Zigbang, and Karrot Market, as well as on social media platforms like YouTube, blogs, and cafes, 321 cases, accounting for 29% of the total, were classified as false or suspected violations.
Among these, 166 cases (51.7%) involved misleading advertisements where price, area, or loan amounts were falsely represented, while 155 cases (48.3%) involved violations of the obligation to specify essential items such as location, maintenance fees, and transaction amounts.

Key violations include advertisements displaying exclusive areas larger than actual, falsely listing non-existent options (e.g., refrigerators), claiming ‘no loans’ despite existing mortgages, and failing to promptly remove listings once a contract has been executed.
Furthermore, there were numerous cases where essential information such as location, detailed management costs, and transaction amounts, which must be stated when a certified real estate agent posts an online advertisement, were omitted. These actions violate Article 18-2, Paragraphs 2 and 4 of the 「Certified Real Estate Agent Act」, disrupting the order of real estate transactions and potentially causing consumer harm.
The Ministry of Land, Infrastructure and Transport has notified the relevant municipalities of the 321 suspected illegal advertisements identified in this survey, and each municipality will proceed with administrative measures in accordance with relevant laws.
Moving forward, the ministry plans to enhance constant monitoring and special investigations of false listings to prevent consumer damage and establish transparent and fair order in the real estate market.

The ministry also announced that reports on overall market disturbances, such as collusion on house prices and market manipulation, not just false real estate advertisements, are being received through the ‘Integrated Report Center for Illegal Real Estate Acts’, and they will cooperate with municipalities to respond strictly.
Park Joon Hyung, Director of Land Policy at the Ministry of Land, Infrastructure, and Transport, stated, “We will strengthen management and supervision in the one-room market near colleges where young people primarily reside to prevent the spread of distorted information,” and added, “By providing accurate property information, we aim to prevent consumer damages and establish transparent real estate transaction order.”