South Korea: Real residential property prices Y-on-Y change
* indicates monthly or quarterly data series
The most recent value is -3.53 percent as of Q2 2024, an increase compared to the previous value of -5.63 percent. Historically, the average for South Korea from Q1 2000 to Q2 2024 is 1.25 percent. The minimum of -10.13 percent was recorded in Q3 2023, while the maximum of 14.39 percent was reached in Q2 2002.
Click on the following link to see the values of: Real residential property prices Y-on-Y change around the world.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Bank for International Settlements (BIS)
| Recent values | South Korea: Real residential property prices Y-on-Y, percent change |
|---|---|
| 2024 Q2 | -3.53 |
| 2024 Q1 | -5.63 |
| 2023 Q4 | -8.74 |
| 2023 Q3 | -10.13 |
| 2023 Q2 | -9.76 |
| 2023 Q1 | -8.53 |
| 2022 Q4 | -5.02 |
| 2022 Q3 | -0.55 |
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Definition: Real residential property price measures the year-on-year percent change of property prices over time excluding the corresponding Y-on-Y inflation.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Industrial production | 6.30 | 10/2024 | percent |
| Retail sales | 101.10 | 10/2024 | index points |
| Retail sales Y-on-Y | -2.03 | 10/2024 | percent |
| House price index | 142.24 | Q2/2024 | index points |
| Real residential property prices Y-on-Y change | -3.53 | Q2/2024 | percent |
| Business confidence survey | -31.00 | 11/2024 | points |
| Consumer confidence survey | 1.00 | 11/2024 | points |