Seoul Apartment Prices Gain Further Ahead of BOK Meeting

Seoul apartment prices extended their gains, ahead of next week’s central bank meeting to review interest rates, though the pace of increase slowed to the weakest in about five months as the Lunar New Year holiday dampened demand.

Prices in the capital rose 0.15% in the week ended Feb. 16, according to data released Friday by the Korea Real Estate Board, marking the 55th consecutive weekly increase. That was down from a 0.22% gain the previous week and represented the slowest rise since September 2025. Nationwide apartment prices climbed a more moderate 0.06%, the data showed.