Risk and sentiment
Korea House Price Index
The monthly index of nationwide Korean house sale prices, covering apartments, row houses, and detached homes. Since property is most of household wealth, it links directly to spending capacity and financial stability.
Korea House Price Index latest observations
- Observed
- 2026-10-31
- Latest
- 102.4 idx
- Change from previous
- ▲ +0.22 idx
Check the observation dates in both the summary and chart; release and refresh times can differ.
At a glance
Korea House Price Index: latest value and prior change
As of 2026-10-31, Korea House Price Index is 102.4 idx. It is 0.22 idx higher than 102.2 idx on 2026-09-30.
Across 406 available observations from 1993-01-31 to 2026-10-31, the latest value is at the tie-adjusted 96th percentile.
- Observed on
- Default comparison window
- 1993-01-31–2026-10-31
- Observations · observed cadence
- 406 · Monthly
- Data source
- Bank of Korea ECOS
A high or low percentile does not by itself make the indicator positive, negative, or a buy or sell signal.
2021-11-30 → 2026-10-31 · idx
- First
- 105.2 idx
- 2021-11-30
- Latest
- 102.4 idx
- 2026-10-31
- Window low
- 98.45 idx
- 2024-06-30
- Window high
- 106.9 idx
- 2022-06-30
The horizontal axis follows observation order; calendar intervals may differ. High and low refer to observed values within this window, not intraday or all-time extremes. Ties show the first observation date.
Time-series chart
Korea House Price Index
1993-01-31–2026-10-31
Long-history series are stored as real provider observations. Index, FX, VIX, and ratio charts use historical backfill where providers expose it; Korean investor flow and margin-credit feeds expand as stable historical endpoints become available.
Recent observations and calculated changes
The ten latest chart observations. Change subtracts the previous observation; intervals vary with holidays, release schedules and missing data. A difference in rates or ratios is not an investment return.
| Observed | Value | Previous date | Difference (current − previous) |
|---|---|---|---|
| 2026-10-31 | 102.4 idx | 2026-09-30 | 0.22 idx |
| 2026-09-30 | 102.2 idx | 2026-08-31 | 0.34 idx |
| 2026-08-31 | 101.9 idx | 2026-07-31 | 0.28 idx |
| 2026-07-31 | 101.6 idx | 2026-06-30 | 0.29 idx |
| 2026-06-30 | 101.3 idx | 2026-05-31 | 0.24 idx |
| 2026-05-31 | 101.0 idx | 2026-04-30 | 0.17 idx |
| 2026-04-30 | 100.9 idx | 2026-03-31 | 0.22 idx |
| 2026-03-31 | 100.6 idx | 2026-02-28 | 0.35 idx |
| 2026-02-28 | 100.3 idx | 2026-01-31 | 0.30 idx |
| 2026-01-31 | 100.0 idx | 2025-12-31 | 0.19 idx |
Source: Bank of Korea ECOS
Interpretation guide
The Korea house price index: the biggest axis of household wealth
The nationwide house sales price index tracks transaction prices across all housing types monthly. With most Korean household wealth tied up in property, its direction is the backdrop for consumption capacity, household-debt health, and the construction cycle — the domestic economy's largest single variable.
How to read the index
The index is built from completed transactions, so it moves more gently than sentiment when volumes freeze. Turning points and speed matter more than levels, and volume context matters most of all.
- A flat index with collapsing transaction volume can be an early correction signal.
- As monthly data it confirms turning points one or two months after the fact.
- Reading it against jeonse (lease) prices separates end-user demand from investment demand.
The link to rates and household debt
Korean housing is highly mortgage-dependent and rate-sensitive. Policy and mortgage rates lead prices, while prices in turn back household debt as collateral — making this a financial-stability variable as much as a market one.
- Overlay TapeFlow's housing loans YoY and household credit YoY to track leverage flows.
- When rate-cut hopes revive, transaction volumes tend to respond before prices do.
- Falling prices plus heavy debt service tend to feed straight into weaker consumption.
Uses from an equity perspective
House prices drive construction, materials, furniture, and remodeling directly, and consumer stocks broadly through the wealth effect. But money rotates between property and equities differently by regime — avoid one-directional readings.
- Housing recoveries tend to lift builders and banks' earnings outlooks together.
- Tighter property regulation has at times pushed liquidity toward stocks and crypto.
- Policy announcements move the market before the index does; track them alongside.