Home Ownership Rate in South Korea increased to 58 percent in 2019 from 57.70 percent in 2018. source: Statistics Korea

Home Ownership Rate in South Korea averaged 55.99 percent from 2006 until 2019, reaching an all time high of 58 percent in 2019 and a record low of 53.60 percent in 2014. This page provides the latest reported value for - South Korea Home Ownership Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Korea Home Ownership Rate - values, historical data and charts - was last updated on October of 2020.

Home Ownership Rate in South Korea is expected to reach 57.50 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Home Ownership Rate is projected to trend around 58.00 percent in 2021 and 58.50 percent in 2022, according to our econometric models.

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South Korea Home Ownership Rate

Actual Previous Highest Lowest Dates Unit Frequency
58.00 57.70 58.00 53.60 2006 - 2019 percent Yearly

South Korea Housing Last Previous Highest Lowest Unit
Housing Index 104.90 104.10 104.90 33.60 points [+]
Construction Orders 8130912.00 8003596.00 12464383.00 23.00 KRW Million [+]
Construction Output -9.40 -1.20 26.40 -30.50 percent [+]
Home Ownership Rate 58.00 57.70 58.00 53.60 percent [+]