Seoul Home Deals Hit Yearly Low as Tax Reform Looms

Jul 29, 2026

Seoul apartment sales hit a yearly low of 5,065 in June as tax reform looms, with July land permit applications down 14.7% and housing affordability burden at a 3-year high.

Economy Multifamily South Korea Seoul Asia-Pacific

Read the full report at Seoul Economic Daily (English)

Published by Seoul Economic Daily (English). Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.

Provenance

Publisher: Seoul Economic Daily (English)
Obtained from: Seoul Economic Daily (English)
Published: Jul 29, 2026
Last updated: Jul 29, 2026 (today)

Global Real Estate Intelligence records where every item came from and when we last refreshed it. Where a field reads Unknown we could not establish it, and we do not guess.

Seoul Homebuyers Face 46% of Income Going to Loan Repayments

A median-income Seoul household earning 5 million won a month must spend 46% of income on loan repayments to buy a home, as the housing affordability index hit a three-year high of 179.3.

EconomyDebt & FinancingSouth KoreaSeoul

Updated todayPublished Jul 29, 2026

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Image published by Seoul Economic Daily with the article “Seoul Homebuyers Now Spend 46% of Income on Loan Repayments” — Image: Seoul Economic Daily

Seoul Economic Daily (English)News

Seoul Homebuyers: 46% of Income on Loan Repayments

Seoul's Housing Affordability Index hit 179.3 in Q1, the highest in over three years, meaning median-income households must spend about 46% of monthly income on home loan repayments.

EconomyDebt & FinancingSouth KoreaSeoul

Updated todayPublished Jul 28, 2026

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Image published by Seoul Economic Daily with the article “The 'Invisible Force' Behind Housing Supply” — Image: Seoul Economic Daily

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HUG CEO Choi In-ho explains how financial guarantees serve as the invisible foundation behind Korea's housing supply, from public housing projects to PF special guarantees and tailored products.

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Image published by Seoul Economic Daily with the article “Ultra-Luxury Homes Face Higher Tax as Ownership Deductions Shrink” — Image: Seoul Economic Daily

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Updated todayPublished Jul 28, 2026

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Image published by Seoul Economic Daily with the article “Reporter's Note: A Tax System That Herds Toward One Home, Then Strikes It” — Image: Seoul Economic Daily

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A commentary on Korea's real estate tax system, which encouraged "smart single home" concentration and now aims to raise taxes on ultra-high-priced homes, urging a responsible transition.

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Updated todayPublished Jul 28, 2026

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