Daegu Accelerates Permit Processing Due to Sharp Decline in New Housing Supply… Construction Industry Welcomes (Roundup)

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(Daegu=Yonhap News) Reporter Park Se-jin = Daegu City plans to implement 'Integrated Review,' a system designed to process various reviews for construction, housing, and urban renewal projects at once to revitalize the construction industry, the following...

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Amidst the continued sluggishness in the Daegu real estate market, the city government has set out to normalize housing supply and improve licensing procedures. While this year's sales and Jeonse transaction volumes are expected to fall below the long-term average, attention is focused on whether the stagnant housing market will regain vitality as changes appear in the market, such as a decrease in unsold properties, a reduction in new housing m…