Housing Starts in South Korea decreased to 18013 units in August from 20378 units in July of 2026. Housing Starts in South Korea averaged 38856.93 units from 2011 until 2026, reaching an all time high of 109399.00 units in December of 2020 and a record low of 10036.00 units in January of 2011. source: Ministry of Land, Infrastructure and Transport



Related Last Previous Unit Reference
Building Permits 8868.00 10496.00 Units Aug 2026
Construction Orders 7790649.00 7094706.00 KRW Million Aug 2026
Construction Output YoY 1.30 -3.40 percent Aug 2026
Home Ownership Rate 56.90 56.40 percent Dec 2024
House Price Index MoM 0.30 0.30 percent Sep 2026
Housing Index 102.19 101.85 points Sep 2026
Price to Rent Ratio 102.38 102.17 points Mar 2025
Residential Property Prices 2.47 1.76 Percent Jun 2026


South Korea Housing Starts
South Korea Housing Starts measures the number of new residential units on which construction has begun during the reference month. The statistics are compiled monthly by the Housing Policy Division of the Ministry of Land, Infrastructure and Transport (MOLIT) and cover housing projects subject to building permits under the Building Act (Articles 11 and 14) and housing construction project approvals under the Housing Act (Article 15).
Actual Previous Highest Lowest Dates Unit Frequency
18013.00 20378.00 109399.00 10036.00 2011 - 2026 units Monthly