Nearly nine in 10 Seoul apartment jeonse (large-deposit lease) renewals completed without exercising the contract renewal request right recorded higher deposits than two years earlier. Ministry of Land, Infrastructure and Transport data showed 2,093 of 4,576 July renewals, or 45.7%, were completed without using the right; deposits rose in 1,835 of those cases, or 87.7%. Their average deposit increased 9.1% to ₩559.04 million from ₩512.21 million, an average rise of ₩46.83 million. Renewals using the right saw an average increase of ₩27.44 million because the mechanism caps rent increases at 5%. Supply constraints are adding pressure: Seoul jeonse listings fell 12.4% from the end of last year, while prices rose 7.59% from December. Some tenants are moving toward mixed deposit-and-monthly-rent arrangements, a trend observers say may continue as autumn demand rises and supply remains limited.