Following the government's announcement to terminate tax deferral measures for multi-homeowners, the supply of properties aimed at tax reduction has increased in Seoul. According to the Korea Real Estate Agency, the apartment sales price growth rate in Seoul for the second week of February has decreased to 0.22%, down 0.05 percentage points from the previous week. This marks a continued slowdown in growth, which was already observed the week prior. Some industry experts attribute this change to the government's plan to end tax relief measures on May 9, while allowing multi-homeowners to close contracts for properties before that date to be exempt from the increased tax burden if the transaction is completed within four to six months.

As the government moves to end the tax deferral measures, several multi-homeowners are now lowering their asking prices to attract buyers, but potential buyers are cautious, hoping to negotiate lower rates as housing prices appear to be stabilizing. This has resulted in stagnation in transactions, particularly as expectations for price drops are causing some buyers to hold back from making offers. The trends in different regions show that lower and mid-priced units located outside of the affluent Gangnam area are witnessing price increases, while upscale areas like Seocho, Gangnam, and Songpa are seeing significantly lower growth rates.

In the greater Seoul area, particularly in Gyeonggi province, some areas like Suji District of Yongin have shown remarkable growth rates in apartment prices, while other cities like Anyang and Guri also reported notable increases. However, several regions including Gwacheon and Bundang have experienced slight reductions in their growth rates, reflecting the shifting dynamics in the real estate market as buyers and sellers respond to changing tax policies and economic conditions.