Housing Index in South Korea increased to 114 points in April from 112.80 points in March of 2021. source: Kookmin bank, South Korea

Housing Index in South Korea averaged 67.93 points from 1986 until 2021, reaching an all time high of 114 points in April of 2021 and a record low of 33.60 points in February of 1987. This page provides - South Korea House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea House Price Index - values, historical data and charts - was last updated on May of 2021.

Housing Index in South Korea is expected to be 115.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Housing Index in South Korea to stand at 120.00 in 12 months time. In the long-term, the South Korea House Price Index is projected to trend around 125.00 points in 2022 and 130.00 points in 2023, according to our econometric models.

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South Korea House Price Index

Actual Previous Highest Lowest Dates Unit Frequency
114.00 112.80 114.00 33.60 1986 - 2021 points Monthly
NSA, 2019M1=100

South Korea Housing Last Previous Highest Lowest Unit
Housing Index 114.00 112.80 114.00 33.60 points [+]
Construction Orders 6152422.00 4179354.00 15128796.00 23.00 KRW Million [+]
Construction Output -5.70 -8.50 26.40 -30.50 percent [+]
Home Ownership Rate 58.00 57.70 58.00 53.60 percent [+]

South Korea House Price Index
In South Korea, housing index refers to average house prices across the country. The survey includes 2,955 detached/row houses and 13,074 apartments in all provinces in Korea. Number of houses by province/type has been given a weight to generate composite house price index.