Risk and sentiment
Korea Jeonse Price Index
Korea's monthly jeonse (lease deposit) price index, a read on end-user housing demand.
At a glance
Korea Jeonse Price Index: latest value and prior change
As of 2026-07-31, Korea Jeonse Price Index is 101.9 idx. It is 0.35 idx higher than 101.6 idx on 2026-06-30.
Across 48 available observations from 2022-08-31 to 2026-07-31, the latest value is at the tie-adjusted 89th percentile.
- Observed on
- Default comparison window
- 2022-08-31–2026-07-31
- Observations · observed cadence
- 48 · 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.
Time-series chart
Korea Jeonse Price Index
2022-08-31–2026-07-31
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.
Interpretation guide
The jeonse price index: housing demand without the speculation
The jeonse price index tracks Korea's unique lump-sum lease deposits monthly. Because jeonse prices are set by people who need somewhere to live — not by investors — they reveal the housing market's underlying strength more honestly than sales prices, and the jeonse-to-price ratio unlocks reads on gap investment and reverse-jeonse risk.
What jeonse prices tell you
Jeonse prices balance actual residential demand against rental supply. Unlike sales prices, which mix in speculative expectations, rising jeonse is direct evidence that living demand in an area is genuinely strong.
- Rising jeonse with flat sales prices marks pent-up purchase demand accumulating.
- Jeonse dips during heavy move-in supply are the natural digestion signal.
- Sharp jeonse falls create reverse-jeonse stress — deposit-refund pressure that forces landlord selling.
The jeonse ratio and the sales market
The jeonse-to-sales-price ratio measures the asset premium over pure use value. A rising ratio shrinks the cash gap needed to buy, fueling gap investment; a falling one means sales prices carry heavy expectation premium.
- Rising jeonse ratios have historically preceded sales-price rebounds.
- Price surges in low-ratio areas are expectation-driven and correction-prone.
- Jeonse loan rates are the financing cost of lease demand; falling rates push jeonse up.
Uses from an investment perspective
The jeonse index only comes alive next to the sales price index. Whether the two move together or apart is the starting point for calling the housing regime — and a background read on household spending power and lease policy effects.
- Jeonse and sales prices rising together mark a demand-backed, more credible upturn.
- Rising jeonse burdens squeeze disposable income and weigh on domestic consumption names.
- Overlay TapeFlow's house price index and housing loans YoY to sharpen the regime call.