South Korea House Price Index / Monthly (National)
South Korea
Source: Kookmin Bank
Housing prices in Korea, % change 1 yr
Nominal and inflation-adjusted ('real')
South Korea
Source: Kookmin Bank
Quarterly change in house prices, inflation-adjusted
| Q1 | Q2 | Q3 | Q4 | |
| 2025 | -1.22% | 0.11% | ||
| 2024 | -1.33% | 0.10% | -0.54% | 0.00% |
| 2023 | -4.39% | -1.30% | -1.42% | 0.51% |
| 2022 | -1.58% | -2.01% | -1.73% | -4.22% |
| 2021 | 1.00% | 2.34% | 1.51% | 0.98% |
| 2020 | 0.81% | 1.41% | 0.25% | 2.33% |
| 2019 | -0.46% | -0.93% | -0.41% | 0.74% |
| 2018 | -0.63% | -0.03% | -0.99% | 1.41% |
| 2017 | -1.19% | 0.57% | -0.32% | 0.97% |
| 2016 | -0.23% | -0.23% | -0.44% | 0.36% |
| 2015 | -0.04% | 0.84% | 0.74% | 0.70% |
| 2014 | -0.27% | 0.02% | 0.09% | 1.11% |
| 2013 | -1.31% | 0.50% | -0.87% | 0.81% |
| 2012 | -0.56% | -0.39% | -1.77% | -0.12% |
| 2011 | -0.27% | 1.24% | 0.39% | 0.55% |
| 2010 | -0.67% | -0.15% | -1.74% | 0.99% |
| 2009 | -2.41% | 0.22% | 0.50% | 0.50% |
| 2008 | 0.27% | 1.30% | 1.05% | -0.92% |
| 2007 | 0.85% | 0.37% | 0.07% | 0.82% |
| 2006 | -0.09% | 2.30% | -0.19% | 7.06% |
| 2005 | -1.64% | 2.15% | 0.10% | 0.46% |
| 2004 | -2.33% | 0.09% | -2.44% | -0.73% |
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.
Yearly change in house prices, nominal and inflation-adjusted
| Year | Inflation Adjusted | Nominal Change |
| 2024 | -1.76% | 0.10% |
| 2023 | -6.50% | -3.51% |
| 2022 | -9.23% | -4.68% |
| 2021 | 5.96% | 9.87% |
| 2020 | 4.88% | 5.43% |
| 2019 | -1.06% | -0.33% |
| 2018 | -0.26% | 1.00% |
| 2017 | 0.01% | 1.47% |
| 2016 | -0.54% | 0.80% |
| 2015 | 2.27% | 3.42% |
| 2014 | 0.96% | 1.80% |
| 2013 | -0.89% | 0.24% |
| 2012 | -2.81% | -1.42% |
| 2011 | 1.92% | 6.17% |
| 2010 | -1.57% | 1.40% |
| 2009 | -1.22% | 1.56% |
| 2008 | 1.71% | 5.91% |
| 2007 | 2.13% | 5.81% |
| 2006 | 9.23% | 11.51% |
| 2005 | 1.05% | 3.70% |
| 2004 | -5.33% | -2.46% |
This table shows how house prices have changed over each year. It compares the latest quarter or month of a given year with the same period the year before, so you can quickly see whether prices went up or down over that year.
