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Kim Min‑young

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Situations

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South Korea housing market strain

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Latest: Seoul records highest August apartment move‑ins, half from Banpo Remian Triniwon

In early July 2026, South Korea’s rental market faced mounting pressure as Seoul’s average jeonse deposit jumped 19% year‑on‑year to 6.58 billion won, pushing the share of monthly rent above 50% for the first time. Tight