Housing Index in South Korea increased to 94 points in October from 93 points in September of 2025. This dataset provides - South Korea House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Residential Property Prices for Republic of Korea (QKRN628BIS) from Q1 1975 to Q2 2025 about Korea, residential, HPI, housing, price index, indexes, and price.

In 2024, the residential property price index in Seoul, the capital of South Korea, increased to around ***** percent year-on-year. 2022 had seen a significant drop in residential property prices in Seoul. How much is a house in Seoul? Housing prices in Seoul have experienced significant fluctuations in recent years. Auction bid price rate for apartments surged to reach over ** percent, rebounding from a decline in 2022. Similarly, the success rate of apartment auction bids showed dynamic trends, dropping to **** percent in late 2022 before recovering to over ** percent. Seoul boasted the highest mean purchase price for housing among all provinces of South Korea, with a gap of over *** million South Korean won between Seoul and Gyeonggi. Property prices in South Korea South Korea's real estate market demonstrates dynamic trends shaped by numerous factors. Economic growth, urbanization, government policies, interest rates, and foreign investment all contribute significantly to fluctuations in housing prices. Notably, the mean purchase price for apartments sharply declined in 2022 and 2023 following years of exponential growth before. While the housing transaction volume in Korea saw a significant decrease in 2022, it recovered slightly in 2024. Given the high housing prices, many citizens believe that property prices will continue to fall in the coming year.

House Price Index MoM in South Korea increased to 0.30 percent in October from 0.10 percent in September of 2025. This dataset includes a chart with historical data for South Korea House Price Index MoM.

Key information about South Korea Gold Production

• South Korea Real Residential Property Price Index was reported at 105.734 2010=100 in Jun 2025.
• This records a decrease from the previous number of 105.963 2010=100 for Mar 2025.
• South Korea Real Residential Property Price Index data is updated quarterly, averaging 82.567 2010=100 from Mar 1975 to Jun 2025, with 202 observations.
• The data reached an all-time high of 151.349 2010=100 in Jun 1991 and a record low of 63.248 2010=100 in Mar 1975.
• South Korea Real Residential Property Price Index data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Real Residential Property Price Index: 2010=100: Quarterly. [COVID-19-IMPACT]

House price index in South Korea, June, 2025 The most recent value is 142.39 index points as of Q2 2025, an increase compared to the previous value of 142.34 index points. Historically, the average for South Korea from Q1 1990 to Q2 2025 is 94.5 index points. The minimum of 57.48 index points was recorded in Q4 1998, while the maximum of 154.12 index points was reached in Q2 2022. | TheGlobalEconomy.com

Korea Housing Price Index: Seoul data was reported at 140.400 Dec1995=100 in Jun 2003. This records an increase from the previous number of 139.500 Dec1995=100 for May 2003. Korea Housing Price Index: Seoul data is updated monthly, averaging 100.300 Dec1995=100 from Jan 1986 (Median) to Jun 2003, with 210 observations. The data reached an all-time high of 140.400 Dec1995=100 in Jun 2003 and a record low of 67.900 Dec1995=100 in Jul 1987. Korea Housing Price Index: Seoul data remains active status in CEIC and is reported by Kookmin Bank. The data is categorized under Global Database’s Korea – Table KR.EB008: Housing Price Index: Kookmin Bank: Dec 1995=100.

The housing purchase price index in South Korea amounted to approximately ** index points as of December 2024, similar to that of the same month in the previous year. The purchase price index for apartments stood at around ** in the same period.

Korea Housing Price Index: Total: Seoul Metropolitan Area data was reported at 129.847 Sep2003=100 in Dec 2007. This records an increase from the previous number of 129.506 Sep2003=100 for Nov 2007. Korea Housing Price Index: Total: Seoul Metropolitan Area data is updated monthly, averaging 97.038 Sep2003=100 from Jan 1999 (Median) to Dec 2007, with 108 observations. The data reached an all-time high of 129.847 Sep2003=100 in Dec 2007 and a record low of 63.075 Sep2003=100 in Jan 1999. Korea Housing Price Index: Total: Seoul Metropolitan Area data remains active status in CEIC and is reported by Kookmin Bank. The data is categorized under Global Database’s Korea – Table KR.EB006: Housing Price Index: Kookmin Bank: Sep 2003=100.

Korea Housing Price Index: Total: Seoul: Southern: Gangnam-gu data was reported at 105.018 Dec2008=100 in May 2011. This records a decrease from the previous number of 105.135 Dec2008=100 for Apr 2011. Korea Housing Price Index: Total: Seoul: Southern: Gangnam-gu data is updated monthly, averaging 102.678 Dec2008=100 from Sep 2003 (Median) to May 2011, with 93 observations. The data reached an all-time high of 106.505 Dec2008=100 in May 2008 and a record low of 72.737 Dec2008=100 in Jan 2005. Korea Housing Price Index: Total: Seoul: Southern: Gangnam-gu data remains active status in CEIC and is reported by Kookmin Bank. The data is categorized under Global Database’s South Korea – Table KR.EB004: Housing Price Index: Kookmin Bank: Dec 2008=100.

View quarterly updates and historical trends for South Korea House Price Index. Source: Federal Reserve Bank of Dallas. Track economic data with YCharts a…

The price index for row house purchases was around *** index points in December 2024, an increase compared to the same time the year before. Figures increased by over *** points since 2015.

Residential Property Prices in South Korea increased 0.11 percent in June of 2025 over the same month in the previous year. This dataset includes a chart with historical data for South Korea Residential Property Prices.

Graph and download economic data for Consumer Price Index: Housing for Korea (KORCPIHOUAINMEI) from 1990 to 2017 about Korea, CPI, housing, price index, indexes, and price.

Korea Housing Price Index: Apartments: Seoul Metropolitan Area data was reported at 136.961 Sep2003=100 in Dec 2007. This records an increase from the previous number of 136.843 Sep2003=100 for Nov 2007. Korea Housing Price Index: Apartments: Seoul Metropolitan Area data is updated monthly, averaging 97.126 Sep2003=100 from Jan 1999 (Median) to Dec 2007, with 108 observations. The data reached an all-time high of 136.961 Sep2003=100 in Dec 2007 and a record low of 53.216 Sep2003=100 in Jan 1999. Korea Housing Price Index: Apartments: Seoul Metropolitan Area data remains active status in CEIC and is reported by Kookmin Bank. The data is categorized under Global Database’s Korea – Table KR.EB006: Housing Price Index: Kookmin Bank: Sep 2003=100.

Graph and download economic data for Consumer Price Index: OECD Groups: Housing: Housing Excluding Imputed Rentals for Housing for Korea (KORCPGRHO02GPM) from Feb 1990 to Nov 2023 about imputed, Korea, rent, CPI, price index, indexes, and price.

Korea Housing Price Index: Seoul: Apartment House data was reported at 179.100 Dec1995=100 in Jun 2003. This records an increase from the previous number of 177.500 Dec1995=100 for May 2003. Korea Housing Price Index: Seoul: Apartment House data is updated monthly, averaging 168.900 Dec1995=100 from Feb 2002 (Median) to Jun 2003, with 17 observations. The data reached an all-time high of 179.100 Dec1995=100 in Jun 2003 and a record low of 145.500 Dec1995=100 in Feb 2002. Korea Housing Price Index: Seoul: Apartment House data remains active status in CEIC and is reported by Kookmin Bank. The data is categorized under Global Database’s Korea – Table KR.EB008: Housing Price Index: Kookmin Bank: Dec 1995=100.

As of the third quarter of 2024, the housing affordability index in South Korea stood at around ** points. The third quarter of 2022 saw the first drop in figures since 2020. The lower the index value, the more affordable a home is for a median-income household. Apartments in South Korea Average apartment prices in South Korea had risen for almost a decade before 2022. The country's popularity worldwide helped it become an economic powerhouse, attracting young workers from the countryside to large cities in hopes of taking part in or benefiting from this growth. As such, apartments are an attractive option for cities, optimizing space as they become more crowded. In terms of financing a new home, the leasehold deposit system exists as an alternative to traditional monthly rentals in Korea. Jeonse and leasehold deposits Jeonse is a leasehold deposit system in Korea where, instead of paying rent monthly, people pay a large deposit equivalent to a share of a property's value. In exchange, the person receives the right to reside in the property as a tenant for a limited amount of time. Granted, the up-front cost is high, and it is common to receive loans from banks to pay for the leasehold deposit. It had traditionally been a popular method as you could live in a housing unit without worrying about rent for *** or two years. However, this system is slowly being phased out as interest rates, the large up-front cost, and cases of jeonse fraud have turned people away.

Graph and download economic data for Consumer Price Index: Services Less Housing for Korea (KORCPISXHAINMEI) from 1990 to 2017 about Korea, services, CPI, housing, price index, indexes, and price.

Graph and download economic data for Consumer Price Index: Housing for Korea (KORCPIHOUMINMEI) from Jan 1990 to May 2018 about Korea, CPI, housing, price index, indexes, and price.