South Korea’s October Residential House Prices

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

==========================================================================
                              Oct.   Sept.    Aug.    July    June     May
                              2011    2011    2011    2011    2011    2011
==========================================================================
                          --------------------- YoY% ---------------------
Overall                       7.1%    6.9%    6.4%    5.9%    5.3%    4.8%
 Seoul                        0.5%    0.4%    0.2%   -0.1%   -0.3%   -0.6%
  Northern                    0.3%    0.2%    0.1%   -0.2%   -0.5%   -0.8%
  Southern                    0.6%    0.6%    0.4%    0.1%   -0.2%   -0.4%
 6 Major Cities              11.9%   11.8%   11.2%   10.6%    9.8%    9.1%
  Busan                      18.4%   18.8%   18.6%   18.1%   17.6%   17.2%
  Daegu                       9.3%    8.7%    7.6%    6.8%    6.0%    5.1%
  Inchon                     -1.3%   -1.1%   -1.1%   -1.1%   -1.3%   -1.5%
  Gwangju                    18.8%   17.8%   16.3%   14.7%   13.1%   11.2%
  Daejon                     17.2%   17.2%   16.2%   15.1%   13.5%   12.0%
  Ulsan                      11.3%   10.4%    9.5%    8.8%    7.9%    6.8%
==========================================================================
                              Oct.   Sept.    Aug.    July    June     May
                              2011    2011    2011    2011    2011    2011
==========================================================================
                          --------------------- YoY% ---------------------
 Seoul Metropolitan Area      0.7%    0.6%    0.4%    0.0%   -0.4%   -0.8%
  Gyonggi                     1.5%    1.3%    1.0%    0.4%   -0.2%   -0.8%
  Gangwon                    13.7%   12.4%   10.7%    8.1%    7.0%    5.6%
  Chungbuk                   16.1%   15.5%   14.1%   12.9%   11.5%   11.0%
  Chungnam                    7.2%    6.4%    5.5%    4.4%    3.6%    3.2%
  Jeonbuk                    13.2%   12.6%   11.5%   10.6%   10.5%   10.6%
  Jeonnam                     8.8%    8.3%    7.7%    7.0%    7.3%    6.5%
  Gyeongbuk                   5.9%    5.2%    4.5%    4.0%    3.3%    2.5%
  Gyeongnam                  21.6%   21.9%   21.5%   22.1%   21.9%   22.1%
                          --------------------- MoM% ---------------------
Overall                       0.4%    0.5%    0.5%    0.4%    0.5%    0.7%
 Seoul                        0.0%    0.0%    0.0%   -0.1%    0.0%    0.0%
  Northern                    0.0%   -0.1%    0.0%   -0.1%    0.0%    0.1%
  Southern                   -0.1%    0.0%    0.0%   -0.1%   -0.1%    0.0%
 6 Major Cities               0.6%    0.8%    0.8%    0.8%    0.9%    1.2%
  Busan                       0.8%    1.0%    1.0%    1.0%    1.2%    1.8%
==========================================================================
                              Oct.   Sept.    Aug.    July    June     May
                              2011    2011    2011    2011    2011    2011
==========================================================================
                          --------------------- MoM% ---------------------
  Daegu                       0.8%    1.1%    0.9%    0.7%    0.8%    1.0%
  Inchon                     -0.3%   -0.3%   -0.2%   -0.2%   -0.2%   -0.2%
  Gwangju                     1.1%    1.4%    1.5%    1.4%    1.7%    2.6%
  Daejon                      0.8%    1.3%    1.4%    1.7%    1.7%    1.0%
  Ulsan                       1.0%    1.0%    0.8%    1.0%    1.2%    1.2%
 Seoul Metropolitan Area      0.0%    0.0%    0.0%   -0.1%    0.0%    0.0%
  Gyonggi                     0.1%    0.1%    0.1%    0.0%    0.0%    0.0%
  Gangwon                     1.2%    1.6%    2.7%    1.3%    1.3%    1.3%
  Chungbuk                    1.1%    1.7%    1.4%    1.7%    1.1%    1.2%
  Chungnam                    0.9%    0.9%    0.8%    0.7%    0.5%    0.7%
  Jeonbuk                     1.0%    1.5%    1.3%    1.1%    1.0%    1.1%
  Jeonnam                     0.6%    0.8%    0.7%    0.2%    1.1%    1.9%
  Gyeongbuk                   0.7%    0.7%    0.5%    0.4%    0.5%    0.5%
  Gyeongnam                   0.8%    1.1%    0.8%    0.9%    1.1%    1.6%
                          ----------------- Index levels -----------------
Overall                      101.9   101.5   100.9   100.4   100.0    99.5
==========================================================================
                              Oct.   Sept.    Aug.    July    June     May
                              2011    2011    2011    2011    2011    2011
==========================================================================
                          ----------------- Index levels -----------------
 Seoul                        99.8    99.9    99.9    99.9   100.0   100.0
  Northern                    99.8    99.8    99.9    99.9   100.0   100.0
  Southern                    99.8    99.9    99.9    99.9   100.0   100.1
 6 Major Cities              103.1   102.5   101.6   100.8   100.0    99.1
  Busan                      103.7   102.9   101.9   101.0   100.0    98.8
  Daegu                      103.5   102.7   101.6   100.7   100.0    99.2
  Inchon                      99.0    99.3    99.6    99.8   100.0   100.2
  Gwangju                    105.6   104.4   102.9   101.4   100.0    98.3
  Daejon                     105.3   104.5   103.1   101.7   100.0    98.3
  Ulsan                      103.8   102.8   101.7   101.0   100.0    98.9
 Seoul Metropolitan Area      99.9    99.9    99.9    99.9   100.0   100.0
  Gyonggi                    100.3   100.2   100.1   100.0   100.0   100.0
  Gangwon                    107.0   105.7   104.1   101.3   100.0    98.7
  Chungbuk                   106.0   104.8   103.0   101.7   100.0    98.9
  Chungnam                   103.4   102.5   101.6   100.7   100.0    99.5
  Jeonbuk                    105.0   103.9   102.3   101.1   100.0    99.0
==========================================================================
                              Oct.   Sept.    Aug.    July    June     May
                              2011    2011    2011    2011    2011    2011
==========================================================================
                          ----------------- Index levels -----------------
  Jeonnam                    102.4   101.8   100.9   100.2   100.0    98.9
  Gyeongbuk                  102.3   101.6   100.9   100.4   100.0    99.5
  Gyeongnam                  103.3   102.5   101.4   100.6   100.0    98.9
==========================================================================

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

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.