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Seoul Apartment Prices Rise for 90 Weeks; Gangnam Dips
Seoul apartment prices rose for a 90th consecutive week, though the pace slowed for a second straight week, according to the Korea Real Estate Board's weekly data released on October 29. The Chosun Ilbo reports that the increase was 0.09% week-on-week, down from 0.13% the prior week, with Gangnam, Seocho, and Songpa (Gangnam's three districts) seeing larger declines, while northern districts like Seongbuk and Seodaemun continued to rise. Dong-A Ilbo adds that Gangnam's three districts all saw widening drops, while Gyeonggi Province prices rose 0.20%, more than double Seoul's gain. KBS World separately reported that Seoul apartment transaction prices rose 15.5% year-on-year in August, the steepest annual increase since 2021.


















