Parliamentary Remarks

Deputy Prime Minister and Finance Minister Lee Hyoung-il told a National Assembly committee that more vigorous supply efforts should gradually stabilize the real estate market [1].

Supply Indicators

Lee said apartment permits and groundbreakings are rising, and third-phase new-city supply is expected to increase from 2028 onward [1].

Near-Term Caution

He noted mixed upward and downward factors in short-term housing prices, calling for close market monitoring, and said long-term publicly supported rental housing is a focus [1].