Lee to review housing supply measures this week

President Lee Jae Myung will lead a closed-door meeting Friday on real estate policy as the government prepares steps to boost housing supply and curb rising home prices.

President Lee Jae Myung speaks during a Cabinet meeting at the Blue House on Aug. 4.

President Lee Jae Myung will preside over a closed-door meeting this week to review real estate market policies, a presidential spokesperson said Wednesday, as the government seeks to increase housing supply.

The upcoming session, set for Friday, follows Lee's instruction Monday to secure a large supply of housing to rein in soaring housing prices.

During the meeting, officials are expected to discuss housing supply, as the government is reportedly preparing to announce housing supply measures later this week.


Yonhap