Seoul Housing Supply Drops Sharply in January—Construction Starts Plunge 63%
Seoul's housing supply indicators saw a sharp downturn in January, with construction starts plunging 63% year-on-year, while permits and completions also declined significantly, according to government data.
Korea Land & Housing Corp. (LH) will break ground on 26,000 homes in 2026 through public-private partnerships, with 18,000 units to be tendered in the first half and 16,000 to start construction within the year, as part of efforts to accelerate public housing supply nationwide.
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LH to Break Ground on 26,000 Homes via Private Sector Partnerships This Year—18,000 Units to Be Tendered in H1
Korea Land & Housing Corp. (LH) will break ground on 26,000 homes in 2026 through public-private partnerships, with 18,000 units to be tendered in the first half and 16,000 to start construction within the year, as part of efforts to accelerate public housing supply nationwide.
Seoul Apartment Groundbreakings Remain Flat This Year—Supply Shortage Persists
Seoul’s apartment construction starts remained flat through October, signaling a prolonged supply shortage as experts warn of continued housing constraints and urge policy action.
South Korea’s latest housing supply measures shift targets from permits to construction starts, but market skepticism persists as actual completions lag and capital continues to flow into Seoul’s real estate market.
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[Sang Wook Chae's Real Estate Talk]Homes Under Construction Are Not Homes
South Korea’s latest housing supply measures shift targets from permits to construction starts, but market skepticism persists as actual completions lag and capital continues to flow into Seoul’s real estate market.
South Korea’s new housing supply plan aims to break ground on 1.35 million homes in the Seoul area by 2030, with experts saying the measures will help curb price gains and ease supply concerns, though success will depend on policy execution and coordination.
#YonhapInfomax #HousingSupply #SeoulMetropolitanArea #KoreaLandAndHousingCorp #ConstructionStarts #RealEstatePolicy #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=80583South Korea’s housing supply in the Seoul metropolitan area rebounded sharply in June, with permits up 53% and construction starts surging 152% year-on-year, signaling a potential easing of the supply crunch, according to Ministry of Land, Infrastructure and Transport data.
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June Housing Permits in Greater Seoul Surge 53% Year-on-Year
South Korea’s housing supply in the Seoul metropolitan area rebounded sharply in June, with permits up 53% and construction starts surging 152% year-on-year, signaling a potential easing of the supply crunch, according to Ministry of Land, Infrastructure and Transport data.
Seoul apartment prices have risen for 21 straight weeks, with analysts projecting that sustained gains will drive long-term earnings growth for housing stocks, especially as price increases spread to surrounding regions and boost new project starts.
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Seoul Apartment Price Gains Expected to Boost Housing Stocks' Earnings Over Long Term
Seoul apartment prices have risen for 21 straight weeks, with analysts projecting that sustained gains will drive long-term earnings growth for housing stocks, especially as price increases spread to surrounding regions and boost new project starts.
National Unsold Housing Inventory Decreases in February, but 'Problematic Inventory' Increases for 19 Consecutive Months
South Korea's unsold housing inventory decreases in February, but post-completion unsold units continue to rise for 19 months, signaling persistent real estate market challenges.
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