Business · Economy · 3 hrs ago
70 South Korean local districts had no new apartments offered for sale
Across 70 local districts in South Korea, no new apartments were offered for sale during the 21 months from January last year through September this year.
The figures cover 163 areas outside the capital region, including cities, counties and districts.
In 113 of those areas, fewer than 500 units were offered over that period.
The figures show that new apartment supply was limited across many parts of the country.
They were reported by Real투데이, a real estate research company.
The information provided does not say what will happen to apartment supply next.
Seventy local government areas in South Korea had no new apartments offered for sale during a 21-month period from January last year through September this year.
The areas were among 163 regions outside the capital area.
A total of 113 of the 163 regions had fewer than 500 new apartments offered for sale.
The figures were reported by real estate research firm Real Today.
- Who
- Real Today, a real estate research firm, reported the figures.
- What
- Seventy local government areas had no new apartments offered for sale. In 113 of 163 regions, the total was below 500 units.
- When
- From January last year through September this year, a period of 21 months.
- Where
- 163 regions outside South Korea’s capital area.
- Why
- Not stated.
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Districts with no new apartments
- 70
- Period covered
- January last year to September this year; 21 months
- Regions assessed
- 163 outside the capital area
- Regions with fewer than 500 units
- 113