Overview

• President Lee rolled out his first focused real estate measures on July 1 to stabilize the housing sector.
• New rules require all local lenders to sharply reduce household lending under oversight by the Financial Services Commission.
• Capital-area mortgage-backed loans will be capped at 600 million won, limiting access to high-value property financing.
• The presidential office has begun close monitoring of market reactions to gauge the impact of tighter lending limits.
• Lee argued that diversifying investment channels and sustaining stock market momentum are key to easing property speculation.