South Korea’s October Apartments Prices

Following is a summary table of South Korea’s October apartment prices by region from Kookmin Bank in Seoul.

==========================================================================
                              Oct.   Sept.    Aug.    July    June     May
                              2011    2011    2011    2011    2011    2011
==========================================================================
                          --------------------- YoY% ---------------------
Overall                      10.0%    9.7%    9.2%    8.4%    7.6%    6.9%
 Seoul                       -0.1%   -0.2%   -0.3%   -0.7%   -1.0%   -1.5%
  Northern                   -0.2%   -0.3%   -0.6%   -0.8%   -1.3%   -1.8%
  Southern                   -0.1%   -0.1%   -0.2%   -0.5%   -0.9%   -1.2%
 6 Major Cities              16.6%   16.5%   15.8%   14.8%   13.8%   12.8%
  Busan                      25.3%   26.1%   26.0%   25.5%   25.0%   24.5%
  Daegu                      13.4%   12.5%   11.1%    9.8%    8.6%    7.6%
  Inchon                     -1.8%   -1.5%   -1.5%   -1.7%   -2.1%   -2.4%
  Gwangju                    24.9%   23.7%   21.7%   19.7%   17.8%   15.7%
  Daejon                     22.6%   22.3%   21.3%   19.7%   17.3%   15.0%
  Ulsan                      14.2%   13.1%   12.2%   11.1%   10.2%    8.7%
==========================================================================
                              Oct.   Sept.    Aug.    July    June     May
                              2011    2011    2011    2011    2011    2011
==========================================================================
                          --------------------- YoY% ---------------------
 Seoul Metropolitan Area      0.6%    0.5%    0.2%   -0.2%   -0.8%   -1.4%
  Gyonggi                     1.7%    1.4%    1.1%    0.4%   -0.3%   -1.1%
  Gangwon                    18.3%   17.0%   15.0%   10.2%    8.7%    7.1%
  Chungbuk                   21.9%   21.0%   18.8%   17.1%   15.1%   14.0%
  Chungnam                   11.1%    9.7%    8.6%    7.3%    6.4%    5.5%
  Jeonbuk                    17.8%   17.2%   16.0%   14.7%   14.8%   15.0%
  Jeonnam                    12.8%   11.9%   11.1%   10.5%   10.9%    9.7%
  Gyeongbuk                   9.1%    8.1%    7.0%    6.2%    5.3%    4.2%
  Gyeongnam                  29.1%   29.7%   29.5%   29.1%   28.6%   28.6%
                          --------------------- MoM% ---------------------
Overall                       0.5%    0.7%    0.7%    0.6%    0.7%    1.0%
 Seoul                       -0.1%   -0.1%   -0.1%   -0.2%   -0.1%   -0.1%
  Northern                    0.0%   -0.1%   -0.1%   -0.1%   -0.1%    0.0%
  Southern                   -0.2%   -0.1%   -0.1%   -0.2%   -0.2%   -0.1%
 6 Major Cities               0.8%    1.1%    1.1%    1.1%    1.3%    1.8%
  Busan                       0.8%    1.2%    1.2%    1.2%    1.5%    2.6%
==========================================================================
                              Oct.   Sept.    Aug.    July    June     May
                              2011    2011    2011    2011    2011    2011
==========================================================================
                          --------------------- MoM% ---------------------
  Daegu                       1.0%    1.5%    1.2%    1.0%    1.0%    1.5%
  Inchon                     -0.4%   -0.3%   -0.2%   -0.3%   -0.2%   -0.3%
  Gwangju                     1.4%    1.8%    2.0%    1.6%    2.1%    3.4%
  Daejon                      1.0%    1.4%    1.8%    2.3%    2.2%    1.3%
  Ulsan                       1.2%    1.2%    1.0%    1.1%    1.6%    1.7%
 Seoul Metropolitan Area      0.0%    0.0%    0.0%   -0.1%   -0.1%    0.0%
  Gyonggi                     0.1%    0.1%    0.1%    0.0%    0.0%    0.1%
  Gangwon                     1.2%    1.8%    4.7%    1.8%    1.5%    1.7%
  Chungbuk                    1.6%    2.3%    1.8%    2.2%    1.5%    1.7%
  Chungnam                    1.3%    1.2%    1.3%    0.9%    0.9%    1.3%
  Jeonbuk                     1.2%    1.9%    1.7%    1.4%    1.3%    1.5%
  Jeonnam                     1.1%    1.0%    0.8%    0.3%    1.5%    2.7%
  Gyeongbuk                   1.0%    1.1%    0.7%    0.6%    0.8%    0.7%
  Gyeongnam                   0.9%    1.2%    1.2%    1.1%    1.4%    2.1%
                          ----------------- Index levels -----------------
Overall                      102.5   102.0   101.3   100.6   100.0    99.3
==========================================================================
                              Oct.   Sept.    Aug.    July    June     May
                              2011    2011    2011    2011    2011    2011
==========================================================================
                          ----------------- Index levels -----------------
 Seoul                        99.5    99.6    99.7    99.8   100.0   100.1
  Northern                    99.6    99.7    99.8    99.9   100.0   100.1
  Southern                    99.4    99.6    99.7    99.8   100.0   100.2
 6 Major Cities              104.0   103.2   102.2   101.1   100.0    98.8
  Busan                      104.5   103.7   102.4   101.2   100.0    98.5
  Daegu                      104.8   103.8   102.3   101.0   100.0    99.0
  Inchon                      98.9    99.2    99.5    99.7   100.0   100.2
  Gwangju                    107.0   105.5   103.6   101.6   100.0    97.9
  Daejon                     106.6   105.6   104.1   102.3   100.0    97.8
  Ulsan                      104.6   103.3   102.1   101.1   100.0    98.5
 Seoul Metropolitan Area      99.8    99.9    99.9    99.9   100.0   100.1
  Gyonggi                    100.3   100.2   100.0   100.0   100.0   100.0
  Gangwon                    109.8   108.5   106.5   101.8   100.0    98.5
  Chungbuk                   108.1   106.4   104.1   102.2   100.0    98.5
  Chungnam                   104.8   103.4   102.2   100.9   100.0    99.1
  Jeonbuk                    106.4   105.2   103.2   101.4   100.0    98.7
==========================================================================
                              Oct.   Sept.    Aug.    July    June     May
                              2011    2011    2011    2011    2011    2011
==========================================================================
                          ----------------- Index levels -----------------
  Jeonnam                    103.3   102.1   101.1   100.3   100.0    98.5
  Gyeongbuk                  103.5   102.5   101.4   100.6   100.0    99.2
  Gyeongnam                  104.5   103.6   102.3   101.1   100.0    98.6
==========================================================================

Note: From July 2011, prices are rebased to June 2011 = 100.

Source: Kookmin Bank

To contact the reporter on this story: Sarina Yoo in Seoul at kyoo3@bloomberg.net

To contact the editor responsible for this story: Marco Babic at mbabic@bloomberg.net

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