Seoul Apartment Prices Increase For 52 Straight Weeks, Up Nearly 9% In 2025
Seoul apartment prices have climbed weekly for a full year, defying policies and intensifying the city's housing affordability crisis.
Apartment prices in one major city have risen every single week over the past year, underscoring sustained pressure in the local housing market and growing concerns over affordability. The consistent upward movement highlights strong demand for residential properties, even as buyers contend with higher borrowing costs and broader economic uncertainty.
According to recent housing market data, weekly price increases have been recorded without interruption for 12 months, an unusual trend that reflects a tight supply of apartments relative to demand. Analysts note that such prolonged price growth is typically driven by limited new inventory, steady end-user demand, and continued interest from investors seeking stable returns in urban real estate.
Real estate experts point out that apartments, in particular, have benefited from renewed interest as more buyers prioritise locations with access to jobs, public transport, and social infrastructure. The preference for ready-to-move-in homes has further pushed prices upward, as buyers look to avoid construction delays and rising input costs associated with new projects.
Also Read: Black Box from Ajit Pawar Crash Jet Arrives in Delhi for AAIB Probe
Developers, meanwhile, have been cautious about launching large volumes of new supply, citing higher land prices, increased construction costs, and regulatory hurdles. This restraint has contributed to the supply-demand imbalance, allowing prices to climb steadily week after week. Industry observers say that unless there is a meaningful increase in housing supply, price pressures are likely to persist.
The steady rise has raised concerns among first-time buyers, many of whom are finding it increasingly difficult to enter the market. Higher apartment prices, combined with elevated interest rates, have stretched affordability and extended the time required to save for down payments. Housing advocates warn that continued price escalation could widen the gap between incomes and property values.
Despite these challenges, market sentiment remains largely optimistic. Developers and brokers believe demand will stay resilient, supported by urbanisation trends and long-term housing needs. However, analysts caution that sustained weekly price growth is unlikely to continue indefinitely and may eventually stabilise if economic conditions shift or new supply enters the market.
Also Read: Bajaj Auto Gets Rs 11,500 Target from Bernstein Amid Robust Export and 3W Growth
