Government Announces August 13 Fast-Track Housing Supply Plan
Government of the Republic of Korea announced a housing and finance package centered on more than 230,000 additional homes in the Seoul Capital Area, faster public-site construction, new housing sites, redevelopment and private-supply incentives, expanded project finance and targeted support for young and end-user households.
- Government of the Republic of Korea
- Ministry of Land, Infrastructure and Transport
- Financial Services Commission
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Sources
- [해명] 「주택 신속공급 방안」의 23만호+α는 전량 순증 물량이며, 기존에 발표된 대책과 중복되지 않습니다.Ministry of Land, Infrastructure and TransportKOPress release
- 수도권 23만호+α 추가 공급, 주택 공급 촉진 및 청년 등 실수요자 금융지원 강화Ministry of Land, Infrastructure and TransportKOPress release
- 전월세 및 매매시장 안정을 위한 주택 신속공급 방안Ministry of Land, Infrastructure and TransportKOGovernment document
Included in this issue
South Korea's Housing Supply Expansion and August 13 Fast-Track Supply Plan
This issue tracks the 2026 effort by Government of the Republic of Korea to expand housing supply and accelerate construction in response to housing shortages and rising sale and rental prices in the Seoul Capital Area. It follows the August 13 fast-track housing supply plan, including more than 230,000 additional homes, accelerated public housing projects, new public housing sites, support for redevelopment and private construction, expanded project-finance support, housing assistance for young people and newlyweds, and subsequent implementation reviews.
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