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This study, in a bid to help solve this problem, tried to analyze with corroborative evidence how the factors of supply and demand for newly built apartments for sale in every city in the nation from Jan. 2000 to Dec. 2009had impact on the unsold apartments. The results suggested that the determining factors leading the apartments not to be sold were the number of apartments supplied, sales price of the apartments, population increase rate, and interest rate. So it can be summarized that the increase in the apartments supplied, excessively soaring price of apartments, reduction in population increase rate, etc. interacted multiply in decreasing demand for newly built apartments for sale, bringing about substantial number of apartments not being sold. Thus, it is our belief that, in consideration of the these aspects, the government has to implement its future policy to resolve the issue of unsold apartments, by encouraging the supply of apartments taking into account the local demand, and by restricting excessive increase in apartment prices, and by keeping the interest rate low, so that consumers’ demand for newly built apartments increases.