The land transaction permit system was introduced to suppress speculative demand in the real estate market and create a market centered on actual demanders. However, since its implementation, there have been various reactions from the market. The effects revealed in numbers, loopholes in the system, structural limitations, and future…
One of the most notable issues in the recent real estate market is the land transaction permit system applied to apartments. This system, which was previously applied only for the purpose of preventing speculation on the ‘land’ itself, has been expanded to apartment transactions, causing great problems for both investors and actual users.
2025.3 Comprehensive Housing Price Index Note The comprehensive housing transaction price index rose significantly in Seoul (0.52%) compared to the previous month, but rose slightly in the metropolitan area (0.15%), and fell in the five metropolitan cities (-0.19%) and local areas (-0.13%), finishing flat nationwide (0.02%). In Seoul, rising contracts continued in complexes with good living conditions, such as near subway stations, new construction, and large complexes, and in some preferred complexes…
2025.2 Comprehensive Housing Price Index Note The Comprehensive Housing Transaction Price Index rose in Seoul (0.19%), but was flat in the metropolitan area (-0.01%), and fell in the five metropolitan cities (-0.17%) and local areas (-0.09%). The number of rising regions (45 → 59) increased compared to the previous month, the number of flat regions (0 → 3) also increased, and the number of falling regions (133 → 121) decreased, ending with a nationwide decline (-0.06%), but the decline was smaller compared to the previous month. Seoul is…
2025.1 Comprehensive Housing Price Index Note The Comprehensive Housing Sales Price Index rose slightly only in Seoul (0.03%), while it fell in the metropolitan area (-0.06%), the five major metropolitan cities (-0.21%), and local areas (-0.14%). The number of rising areas (59 → 45) decreased compared to the previous month, the number of flat areas (3 → 0) also decreased, and the number of falling areas (116 → 133) increased, ending with a nationwide decline. In Seoul, it fell mainly in Nowon-gu, Guro-gu, and Dongjak-gu, but Songpa-gu, Yongsan-gu,…
2024.12 Comprehensive Housing Price Index Note The Comprehensive Housing Sales Price Index rose slightly in Seoul, and ended with a flat or falling trend in the metropolitan area, the five major cities, and local areas. The number of rising areas (87 → 59) decreased significantly compared to the previous month, the number of flat areas (3 → 3) remained unchanged, and the number of falling areas (88 → 116) increased significantly, ending with a nationwide decline.…
2024.11 Comprehensive Housing Price Index Note The Comprehensive Housing Sales Price Index rose in the metropolitan area and Seoul, and ended with a decline in the five metropolitan cities and local areas. The number of rising areas (101 → 83) decreased significantly compared to the previous month, the number of flat areas (3 → 3) remained unchanged, and the number of falling areas (74 → 88) increased significantly, ending with a nationwide halt in the rise and a flat finish.…
2024.10 Comprehensive Housing Price Index Note The Comprehensive Housing Sales Price Index rose nationwide, in the metropolitan area, and in Seoul compared to the previous month, while the five metropolitan cities and local areas finished with slight consolidation and decline. Compared to the previous month, the number of rising areas (102 → 101) decreased, the number of consolidation areas (5 → 3) increased, and the number of falling areas (71 → 74) increased, so the increase rate was slightly reduced. Seoul…
2024.09 Comprehensive Housing Price Index Note The comprehensive housing transaction price index rose nationwide, in the metropolitan area, and in Seoul compared to the previous month, and ended with a slight consolidation in the five metropolitan cities and local areas. The number of rising areas (109 → 102) increased compared to the previous month, the number of consolidating areas (3 → 5) increased, and the number of falling areas (66 → 71) increased, reducing the increase. Seoul is under loan regulations…
2024.08 Comprehensive Housing Price Index Note The Comprehensive Housing Transaction Price Index increased nationwide, metropolitan area, and local areas compared to last month, and Seoul turned from flat to rising. Compared to the previous month, the number of rising areas (97 → 109) increased, the number of flat areas (5 → 3) decreased, and the number of falling areas (76 → 66) decreased, greatly increasing the increase. In the short term, Seoul…
