Select a country
Housing prices in South Korea: purchase price index (Jan 2019=100)
August, 29, 2020
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.