Aug 13, 2026CORE

Seoul's gain slows to 0.21% as Gangnam and Seocho turn negative

YTN report on Gangnam and Seocho turning negative while northern Seoul districts remained strong

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Seoul continued to rise overall, but Gangnam and Seocho fell for the first time in 14 and 16 weeks, respectively. Seoul apartment prices rose 0.21% in the week ending August 10, with the pace slowing by 0.05 percentage points. Seocho fell 0.04% and Gangnam 0.02%, marking their first weekly declines in 16 and 14 weeks. At the same time, several lower-priced northern districts continued to rise.

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Lee Jae Myung Administration's Real Estate Policy and Housing Market Response

This issue tracks major real estate measures introduced by the Lee Jae Myung administration in response to housing prices, household debt, rental-market conditions, and housing supply. It covers the June 2025 household-debt restrictions focused on the Seoul Capital Area, subsequent supply and market-stabilization measures, and the 2026 push to accelerate housing supply and adjust related rules.

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