Select a country
Housing prices in South Korea: purchase price index (Jan 2019=100)
South Korea
Housing prices in South Korea.
Kookmin Bank publishes a Korean house price index. The data is updated quarterly.
Housing prices in Korea, % change 1 yr
Nominal and inflation-adjusted ('real')
South Korea
Source: Korean Statistical Information Service
Quarterly change in house prices, inflation-adjusted
| Q1 | Q2 | Q3 | Q4 | |
| 2020 | 0.9% | 1.5% | ||
| 2019 | -0.33% | -0.67% | -0.2% | 0.68% |
| 2018 | -0.46% | 0.38% | -0.14% | 2.07% |
| 2017 | -1.09% | 0.32% | -0.27% | 0.9% |
| 2016 | -0.13% | -0.01% | -0.24% | 0.43% |
| 2015 | 0.15% | 0.97% | 1.25% | 0.74% |
| 2014 | -0.42% | 0.23% | 0.19% | 1.3% |
| 2013 | -1.06% | 0.26% | -0.75% | 0.77% |
| 2012 | -0.36% | 0.09% | -1.27% | 0.13% |
| 2011 | 0.01% | 1.53% | 0.33% | 0.74% |
| 2010 | -0.57% | -0.15% | -1.49% | 1.08% |
| 2009 | -2.5% | 0.2% | 0.58% | 0.49% |
| 2008 | -0.36% | 0% | 0.24% | -0.88% |
| 2007 | 0% | -0.21% | -0.26% | 0.08% |
| 2006 | 0.09% | 2.24% | -0.26% | 7.09% |
| 2005 | -1.51% | 2.3% | 0.15% | 0.45% |
| 2004 | -2.01% | -0.07% | -2.21% | -0.79% |
| 2003 | -1.26% | 3.98% | 0.11% | -0.52% |
| 2002 | 5.9% | 1.22% | 4.1% | 0.53% |
| 2001 | -1.61% | 1.65% | 4.26% | 2.1% |
| 2000 | -0.23% | 0.19% | -1.76% | -0.52% |
| 1999 | 1.18% | 0.72% | 0.93% | -0.81% |
| 1998 | -8.29% | -6.09% | -1.59% | -0.46% |
| 1997 | 0.58% | -0.74% | -0.99% | -3.27% |
| 1996 | -1.47% | -1.23% | -0.57% | 0.01% |
| 1995 | -2.33% | -0.69% | -1.77% | 0% |
| 1994 | -3.01% | -1.31% | -1.11% | 0.07% |
| 1993 | -2.48% | -2.86% | -1.86% | -1.37% |
| 1992 | -3.21% | -4.2% | -0.75% | -1.13% |
| 1991 | -1.19% | 0.3% | -3.29% | -5.01% |
| 1990 | 1.92% | 2.26% | 2.09% |
This table shows the change in house prices during a single quarter, adjusted for inflation.
Adjusting house price rises (or declines) for inflation produces a more accurate picture of the change in value of housing than the usual nominal figures cited in the newspapers.