The Korea Housing Association announced on the 30th that, based on the housing supply plans for May collected from member companies, seven companies will supply a total of 1,615 dwellings across eight business sites.

Status of May sales plans for mid-sized construction companies. /Courtesy of Korea Housing Construction Association

This is a volume that has decreased by 63% compared to the previous month (4,390 dwellings). It is also 73% lower than the same period last year (4,329 dwellings).

By region, there are 19 households in the metropolitan area and 1,596 households in non-metropolitan areas. A total of 19 households are expected to receive applications in Seoul.

In non-metropolitan areas, Busan had the highest number with 1,080 households. This was followed by North Chungcheong (252 households), Jeju (208 households), and North Gyeongsang (56 households).

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