Business · Economy · 17 hrs ago

Seoul apartment listings rose 33% in three months after tax plan

Seoul apartment listings rose 33% in three months after tax plan

Seoul apartment listings rose 33% in the three months after the government announced a tax reform plan.

On Nov.

7, there were 80,528 apartments listed for sale in the city, compared with 60,409 on Aug.

3.

The figures cover apartment sales listings across Seoul’s districts.

The increase followed the government’s Aug.

3 tax reform announcement, but the figures do not show what caused individual owners to list their homes.

More listings mean more apartments were being offered for sale, but the figures do not say how many were sold.

The figures give no indication of what happens next in Seoul’s housing market.

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