Cooling Off the Heat with Distribution Waterfalls... 47,000 Households to be Released in July
Despite the traditional off-season for sales, this year sees the highest monthly volume
Including pre-sale subscriptions for the 3rd New Towns and more
[Asia Economy Reporter Onyu Lim] Approximately 47,000 households will be supplied nationwide in July. Although summer is traditionally an off-season for housing sales, this year is expected to have the highest monthly supply.
According to Zigbang on the 5th, a total of 47,150 households (42,140 general sales) are scheduled for sale nationwide this month, including 4,333 households from the first round of pre-sale in the metropolitan area.
This is 68.8% more than March (27,936 households), which had the highest sales in the first half of this year, and 91.2% more than the average from March to May.
Zigbang stated, "The supply volume this month has increased significantly as complexes originally preparing for sales adjusted their schedules due to by-elections and policy changes."
In the metropolitan area, 22,960 households are scheduled for sale, including 15,608 in Gyeonggi Province and 1,038 in Seoul.
This includes ePyeonhansesang Gangil Urban Bridge in Sangil-dong, Gangdong-gu, Seoul (593 households), Hillstate Gwanggyo Jungang Station First in Iui-dong, Yeongtong-gu, Suwon-si, Gyeonggi (211 households), Pyeongtaek Jije Station Xi in Segyo-dong, Pyeongtaek-si, Gyeonggi (1,052 households), and Hillstate Xi Gyeyang in Jakjeon-dong, Gyeyang-gu, Incheon (Gyeyang 1 district redevelopment, 812 households).
Zigbang added, "There were not many sales in Seoul until the first half, so the perceived supply effect was not significant. However, with pre-sales starting in July and plans for more than 50,000 households in Seoul in the second half, the shortage of apartment supply that was sluggish in the first half is expected to be resolved from the second half."
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In the provinces, 24,190 households will be supplied, including 4,752 in Chungnam. Preparations are underway for sales at Sejong Xi The City in Sanul-dong, Sejong City (1,350 households), Dangjin Centreville Rene Blue 2nd Phase in Sucheong-dong, Dangjin-si, Chungnam (1,460 households), Gangneung Lotte Castle Signature in Gyodong, Gangneung-si, Gangwon (1,305 households), and Pohang I-Park in Ocheon-eup, Nam-gu, Pohang-si, Gyeongbuk (1,144 households).
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