The number of homes started nationwide last month was more than 76,000, an increase of 6% from the same month last year, an increase for 13 consecutive months.
Demand for housing remains strong as the spread of telework increases the amount of time spent at home.
According to the Ministry of Land, Infrastructure, Transport and Tourism, the number of houses started nationwide last month was 76,120, an increase of 6% from the same month last year, surpassing the previous month for 13 consecutive months.
It is believed that the background of the strong demand is that the time spent at home is increasing due to the spread of telework due to the influence of the new corona.
Looking at the breakdown,
▽ "rental housing" such as rental apartments was 32,305 units, a significant increase of 18.6% from the same month last year
▽ "for-sale housing" such as condominiums and built-for-sale was 23,144 units, 6% It was an increase in.
On the other hand,
the number of "owned houses" indicating custom-built houses was 20,246, a decrease of 9.4%.
In addition, the number of housing units started nationwide in 2021 was 856,909 units, an increase of 6.6% from the previous year due to strong housing demand throughout the year.
Regarding the future outlook, the Ministry of Land, Infrastructure, Transport and Tourism mentioned the impact of Russia's invasion of Ukraine, saying that "the price of materials required for construction may rise further, and it is necessary to carefully watch the trend."