Chuseok

South Korean President Lee Jae-myung addressed the United Nations, with the appearance falling during the Chuseok harvest festival holiday. The overlap of a major presidential diplomatic moment with Korea's most important traditional holiday has drawn attention at home, as many Koreans marked the festival while following news of the president's speech on the international stage.

South Korea's autumn apartment sales season opens after the Chuseok holiday, with about 38,000 units scheduled to be put up for sale in October. The fall supply wave is one of the busiest periods for new home listings, and buyers and industry watchers are tracking how demand absorbs the large volume of units coming to market this month.