Yonhap Infomax NewsSouth 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.