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Yonhap News4.5.2026BusinessSouth Korea

South Korean Presidential Official Forecasts Slower Housing Price Growth

Policy shift regarding tax benefits for multiple-home owners expected to stabilize market

housing market real estate taxes

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The South Korean government expects a slowdown in housing price growth as tax exemptions for multiple-home owners expire.
Officials report increased listings and cooling prices in affluent Seoul districts like Gangnam.

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The South Korean government expects a slowdown in housing price growth as tax exemptions for multiple-home owners expire. Officials report increased listings and cooling prices in affluent Seoul districts like Gangnam.

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