An apartment complex seen from Namsan in Seoul./Courtesy of News1

The Korea Real Estate Board (REB) said on the 23rd that, based on its survey of nationwide weekly apartment price trends for the third week of April 2026 (as of Apr. 20), sale prices rose 0.04% and jeonse prices rose 0.10%.

Nationwide apartment sale prices maintained their increase from the previous week, with the greater Seoul area (0.09%) and Seoul (0.15%) continuing to rise, while other regions were flat (0.00%).

Seoul's increase widened from 0.10% to 0.15%. In the northern districts, Seongbuk District (0.27%), Dongdaemun District (0.25%), and Gangbuk District (0.24%) rose, while in the southern area, Gangseo District (0.31%) and Gwanak District (0.28%) showed gains. By contrast, some areas such as Gangnam District (-0.06%) and Seocho District (-0.03%) declined.

Gyeonggi Province rose 0.07%, matching the prior week's trend. Dongtan District in Hwaseong (0.41%), Gwangmyeong City (0.34%), and Yeongtong District in Suwon (0.31%) increased, while Pyeongtaek City (-0.21%) and Icheon City (-0.17%) fell. Incheon was mixed between rises and falls and was flat (0.00%).

Other regions overall were flat. The five major metropolitan cities edged down 0.01%, and Sejong fell 0.07%. By contrast, some areas, including South Jeolla (0.05%), South Gyeongsang (0.03%), and North Jeolla (0.02%), rose.

The jeonse market continued to rise. Nationwide jeonse prices increased 0.10%, and both the greater Seoul area (0.16%) and Seoul (0.22%) saw wider gains.

Seoul's jeonse prices rose due to a shortage of listings and sustained demand. In the northern area, major districts such as Seongbuk District (0.39%), Gwangjin District (0.35%), and Nowon District (0.32%) increased, as did key southern districts such as Songpa District (0.39%) and Gwanak District (0.25%).

Gyeonggi Province (0.13%) and Incheon (0.13%) also maintained gains, and other regions rose 0.05% as well. However, Jeju (-0.03%) and Gangwon (-0.01%) declined.

The Korea Real Estate Board (REB) noted that in the sale market, a mix of wait-and-see attitudes and rising transactions is continuing, with gains centered on the greater Seoul area, while in the jeonse market, the uptrend is persisting due to supply shortages relative to demand.

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