Quarterly housing affordability index South Korea 2017-2022

Published by Statista Research Department, Jun 19, 2023
As of the fourth quarter of 2022, the housing affordability index in South Korea stood at 81.4, the first drop in figures since the first quarter of 2020. The lower the index value, the more affordable a home is for a median-income household.

Housing affordability index in South Korea from 1st quarter of 2017 to 4th quarter of 2022, by quarter

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Release date

June 2023

Region

South Korea

Survey time period

Q1 2017 to Q4 2022

Supplementary notes

The housing affordability index indicates the repayment burden incurred when middle-income households purchase a median-priced house with a standard loan. The index is calculated at 100 when a quarter of household income is used to repay a mortgage loan.
Release date is the date of access.

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