[Opinion] Ministry of Land, Infrastructure and Transport: "Experts Want Adjustment, Public Wants Publication of Weekly Apartment Price Statistics"

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Regarding the reform of weekly apartment price trend statistics, which had been the subject of controversy over potential abolition due to allegations of manipulation and inaccuracy, Lee Heon-wook, President of the Korea Real Estate Institute, emphasized that while the investigators' judgment is inevitably involved, the data remains statistically significant. The Ministry of Land, Infrastructure and Transport plans to finalize the direction of t…

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(Seoul/Sejong = Yonhap News) Reporters Lim Ki-chang, Oh Ye-jin, and Oh Jin-song = Regarding the overhaul of weekly apartment price statistics, experts argue that adjustments are necessary due to the limitations of the statistics...

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The government has decided to gather opinions one more time, as it has yet to finalize the direction for reforming weekly apartment price statistics, a plan it has been reviewing for a year. This decision comes as opinions from experts and the general public diverge. On the 15th, during the National Assembly Land, Infrastructure and Transport Committee's audit of affiliated agencies including the Korea Real Estate Institute, Kim Young-guk, Dire…

asiae.co.kr

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Lee Heon-wook, President of the Korea Real Estate Institute, pointed out the limitations of accuracy regarding weekly apartment price statistics, stating that "there is room for the investigator's judgment to intervene."