South Korean President Lee Jae-myung: Seoul's housing permits and construction volumes have increased by 40% this year, and supply indicators are picking up. Driven by the acceleration at the government level, the number of permits, a leading indicator of housing supply in the Seoul metropolitan area, is increasing dramatically. According to the data, as of August this year, housing permits and construction volume in Seoul have both increased by more than 40% year over year. In August 2026, the number of housing permits in Seoul was 11,306, surging 604.4% from 1,605 households in the same period last year. The cumulative number of licenses from January to August was 3,9940, an increase of 40.4% over 28,441 households in the same period last year. The total number of permits in the metropolitan area in August was 15,470, up 105.6% from 7,523 households in the same period last year.

South Korean President Lee Jae-myung: Seoul's housing permits and construction volumes have increased by 40% this year, and supply indicators are picking up. Driven by the acceleration at the government level, the number of permits, a leading indicator of housing supply in the Seoul metropolitan area, is increasing dramatically. According to the data, as of August this year, housing permits and construction volume in Seoul both increased by more than 40% year over year. In August 2026, the number of housing permits in Seoul was 11,306, surging 604.4% from 1,605 households in the same period last year. The cumulative number of licenses from January to August was 3,9940, an increase of 40.4% over 28,441 households in the same period last year. The total number of permits in the metropolitan area in August was 15,470, up 105.6% from 7,523 households in the same period last year.