Nationwide Land Prices Rose 0.62% in the Third quarter... Seoul Highest at 1.26%
4 Articles
4 Articles
It has been found that nationwide land prices continued their upward trend in the third quarter of this year, although the pace of increase slowed slightly compared to the previous quarter. While the Seoul metropolitan area and parts of Seoul led the price surge, the regional land market appears to be intensifying its slump due to lending restrictions and a sharp decline in transactions. The Ministry of Land, Infrastructure and Transport, togeth…
(Sejong = Yonhap News) Reporter Oh Jin-song = Land prices nationwide rose by 0.62% in the third quarter of this year, with the rate of increase slightly smaller than in the previous quarter.
[Digital Daily Reporter Hwang Jin-hyun] While land prices nationwide continued their upward trend in the third quarter of this year, land transaction volume decreased by 15.6% compared to the previous quarter. Although the rate of increase in land prices in the Seoul metropolitan area expanded, the rate of increase in provincial areas narrowed, and both total land transactions and pure land transactions declined. According to the land price flu…
Land prices in North Gyeongsang Province rose by only 0.06% in the third quarter of this year, effectively remaining stagnant. During the same period, land transaction volume in Daegu fell by nearly 30% compared to a year ago. This was the largest rate of decline in the country. According to the '2026 Q3 Land Price Fluctuation Rate and Land Transaction Volume' released by the Ministry of Land, Infrastructure and Transport and the Korea Real Est…
Coverage Details
Bias Distribution
- 100% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
