South Korea's urban-style housing permits surged to a 31-month high in September, driven by regulatory easing and government efforts to boost non-apartment supply, though levels remain well below historical peaks.
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Urban-Style Housing Permits Hit 31-Month High
South Korea's urban-style housing permits surged to a 31-month high in September, driven by regulatory easing and government efforts to boost non-apartment supply, though levels remain well below historical peaks.
Housing supply indicators in the Seoul metropolitan area diverged in September, with permits, starts, and pre-sales rising sharply, while completions and unsold inventory showed mixed trends, according to the Ministry of Land, Infrastructure and Transport.
#YonhapInfomax #HousingPermits #SeoulMetropolitanArea #UnsoldInventory #HousingStarts #PreSales #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=88442
Housing Permits, Starts, and Pre-Sales Rise in Greater Seoul in September, While Completions Decline
Housing supply indicators in the Seoul metropolitan area diverged in September, with permits, starts, and pre-sales rising sharply, while completions and unsold inventory showed mixed trends, according to the Ministry of Land, Infrastructure and Transport.
South Korea’s Ministry of Land, Infrastructure and Transport has revised housing construction statistics for the past 11 years, increasing housing starts by 125,000 units and overhauling its statistical methodology to improve accuracy and transparency in the housing market.
#YonhapInfomax #HousingStarts #MOLIT #StatisticalRevision #HousingPermits #CompletionsData #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=83983
Housing Starts Revised Up by 125,000 Units Over 11 Years—Statistical Methodology Overhauled
South Korea’s Ministry of Land, Infrastructure and Transport has revised housing construction statistics for the past 11 years, increasing housing starts by 125,000 units and overhauling its statistical methodology to improve accuracy and transparency in the housing market.
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.
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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.
US New Home Construction Drops 10% in January, Slightly Below Market Expectations
US housing starts fall 9.8% in January to 1.366 million units, below market expectations, with single-family starts down 8.4% amid mixed housing market signals.
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