Seoul Apartment Price Gains Slow for Third Consecutive Week as Transactions and Buyer Inquiries Decline
Seoul apartment price growth slowed for the third consecutive week, with nationwide gains moderating amid reduced transactions and buyer inquiries, according to Korea Real Estate Board data.
Seoul Jeonse Demand Outpaces Supply for Ninth Consecutive Month—Widest Gap in Four Years
Seoul’s jeonse rental market faces its largest supply-demand gap in four years, with demand outpacing supply for nine straight months, driving up prices nationwide.
Seoul Home Prices Rise 0.9% in January—Upward Trend Driven by End-User Demand Persists
Seoul home prices rose 0.91% in January, with gains accelerating for a second month as end-user demand drove increases in key districts, according to Korea Real Estate Board data.
Seoul Home Prices Rise 0.80% in December—Growth Accelerates on End-User Demand
Seoul home prices rose 0.80% in December, with growth accelerating on strong end-user demand in key districts, while nationwide and jeonse prices also climbed.
Seoul Apartment Prices Accelerate Again—Up 0.21%
Seoul apartment prices accelerated, rising 0.21% in the second week of January, with gains driven by strong demand in preferred districts and a shortage of listings.
Real Estate R114 – Seoul Weekly Apartment Sale Prices Fall 0.07% as Jeonse Rises 0.16%
Seoul apartment sale prices reversed to a 0.07% decline in early January, while jeonse rental prices rose 0.16%, according to Real Estate R114, reflecting seasonal market shifts.
Seoul apartment prices accelerated to a 0.21% weekly gain, led by sharp increases in Seongdong-gu and Songpa-gu, as buyer demand focused on preferred complexes; regional prices rose for the eighth straight week.
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Seoul Apartment Price Growth Accelerates to 0.2% Range After Four Weeks
Seoul apartment prices accelerated to a 0.21% weekly gain, led by sharp increases in Seongdong-gu and Songpa-gu, as buyer demand focused on preferred complexes; regional prices rose for the eighth straight week.
The Housing Industry Research Institute projects Seoul home prices to rise 4.2% and jeonse rents 4.7% in 2025, citing supply shortages and policy recommendations to accelerate approvals and stabilize the market.
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Housing Research Institute Projects 4.2% Rise in Seoul Home Prices Next Year—Jeonse Rents to Climb 4.7%
The Housing Industry Research Institute projects Seoul home prices to rise 4.2% and jeonse rents 4.7% in 2025, citing supply shortages and policy recommendations to accelerate approvals and stabilize the market.
Seoul's Hangang Belt districts are rapidly catching up with Gangnam's three core districts in apartment price growth, as new builds, redevelopment, and a shift from jeonse to monthly rent drive record-high competition and premium branding in South Korea's real estate market.
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[Top 10 Real Estate Stories for 2025②] Hangang Belt Follows the Lead of Gangnam's Three Districts
Seoul's Hangang Belt districts are rapidly catching up with Gangnam's three core districts in apartment price growth, as new builds, redevelopment, and a shift from jeonse to monthly rent drive record-high competition and premium branding in South Korea's real estate market.
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