Recent indicators point to a likely resurgence of the real estate market later this year, as investors grow more optimistic about deregulations, which were promised by President-elect Yoon Suk-yeol.

On Friday, the results of a major property index revealed that the gap between the number of individuals who want to buy a home and the number of people who want to sell a home has begun to close. However, the number of possible sellers continues to outweigh the number of potential purchasers.

According to the Korea Real Estate Board, the index for apartment trade in Seoul reached 87.5 this week, an increase of 0.5 point over the previous week's reading of 87. The indicator increased for the second week in a row, marking a positive development.

Although property sellers outweigh purchasers in Seoul's Gangnam neighborhood, a decrease in the index reading indicates that more families are placing their hopes in deregulations concerning practical rebuilding and redevelopment under the new Yoon government.

The so-called Gangnam district, which is comprised of the neighborhoods of Seocho-gu, Gangnam-gu, Songpa-gu, and Gangdong-gu, experienced the highest growth among the five major regions of the capital, increasing by 0.8 point from 85.7 last week to 86.5 this week, according to the Korea Central Statistics Agency.

The index increased by 0.6 point to 86.5 in the northeastern area, which includes the cities of Gwangjin-gu, Seongdong-gu, Nowon-gu, Dobong-gu, and Gangbuk-gu.

In the southwestern area, which includes Gangseo-gu, Yangcheon-gu, Guro-gu, Yeongdeungpo-gu, Dongjak-gu, and Gwanak-gu, the index increased from 89.7 to 90.1, surpassing the 90-point level.

An increase to 85.7 was also seen in the downtown areas of Jongno-gu, Jung-gu, and Yongsan-gu, while an increase to 85.6 was observed in the northwestern areas of Eunpyeong-gu, Seodaemun-gu, and Mapo-gu.

Gyeonggi Province, which surrounds Seoul, saw the index rise by 0.1 point to 91.2, as optimism grows over the restoration of high-density residential areas such as Ilsan in Goyang City, Jungdong in Bucheon City, and Bundang in Seongnam City.

A 0.1-point increase was also recorded in the index for home trading nationwide, which rose to 92.8. While increases were recorded in regions such as Busan, Ulsan, North Jeolla Province, South Jeolla Province, and South Gyeongsang Province, a decrease was recorded in Incheon, which fell from 92.9 to 91.8.