It was found that next year's number of apartment move-ins in Seoul will decrease to about half of this year's level. The nationwide number of apartment move-ins is also expected to fall by nearly 30% from this year.

A view of downtown apartments. Mar. 27, 2023/Courtesy of News1 © News1 reporter Kim Do-woo

According to ZIGBANG CO. on the 22nd, the total number of apartment move-ins nationwide next year is tallied at 172,270 households. This is a 28% decrease from this year's move-ins (238,372 households).

By region, the greater Seoul area will total 81,534 households, about 28% less than this year (112,184 households). In particular, Seoul is expected to see a sharp drop, with 16,412 households moving in, 48% fewer than this year. Of the move-ins in Seoul, 87% (14,257 households) are business sites where maintenance projects such as redevelopment and reconstruction have been completed.

By district, Seocho has the most with 5,155 households, followed by ▲ Eunpyeong 2,451 households ▲ Songpa 2,088 households ▲ Gangseo 1,066 households ▲ Dongdaemun 837 households.

Gyeonggi will see 50,361 households move in, mainly in Pyeongtaek, Icheon, Paju, and Uiwang, an 18% decrease from this year. Incheon is also expected to see a 22% decrease in move-ins, with 14,761 households moving in mainly in planned housing districts such as Geomdan New Town.

2026 move-in supply by city / Courtesy of ZIGBANG CO.

The provinces are also expected to decrease by about 28%, from 126,188 households this year to 90,736 households in 2026. ZIGBANG CO. said, "Considering that the average annual supply over the past five years has continued at about 130,000 households, next year appears to mark a relative phase of volume adjustment."

By region, Busan is expected to see 14,465 households move in, slightly increasing from this year (11,792 households). Looking at move-in volumes in other metropolitan cities and provinces: ▲ Gwangju 11,583 households ▲ South Chungcheong 10,294 households ▲ Daegu 9,069 households ▲ Gangwon 7,855 households ▲ South Gyeongsang 7,245 households ▲ Daejeon 6,079 households.

ZIGBANG CO. said, "The decrease in move-ins in 2026 should be interpreted not as a nationwide supply shock but as a phase of adjustment that carries different meanings depending on regional supply-demand conditions and past supply histories."

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