Korea Real Estate Board (REB) said on the 7th that its survey of weekly apartment price trends nationwide for the first week of May 2026 (as of May 4) showed the sales price index rose 0.04% and the jeonse price index rose 0.09%.
Apartment sales prices nationwide rose, but trends diverged by region. The greater Seoul area rose 0.08% and Seoul rose 0.15%, while non-capital regions fell 0.01%.
Seoul rose overall as inquiries from buyers remained steady mainly for large complexes and areas near subway stations, with regions seeing rising transaction mixed in. In the northeastern districts, Seongbuk District (0.27%), Gangbuk District (0.25%), Dongdaemun District (0.24%), Jongno District (0.21%), and Seodaemun District (0.20%) rose, and in the southeastern districts, Gangseo District (0.30%), Guro District (0.24%), Gwanak District (0.17%), and Songpa District (0.17%) rose, while Gangnam District (-0.04%) fell.
Gyeonggi Province rose 0.07%, with Hanam (0.33%), Gwangmyeong (0.31%), and Guri (0.29%) rising, while Incheon fell 0.01%.
Non-capital regions posted -0.01%, with the five major metropolitan cities (-0.02%) and Sejong (-0.01%) falling, and the eight provinces (0.01%) rising. Gwangju (-0.15%), Jeju (-0.05%), Gangwon (-0.05%), Daegu (-0.05%), and North Gyeongsang (-0.03%) fell.
Jeonse prices rose 0.09% nationwide. The greater Seoul area rose 0.15% and Seoul rose 0.23%, while non-capital regions also rose 0.04%.
Seoul rose overall as rental demand continued and inquiries increased for complexes with favorable living conditions, leading to higher-priced lease contracts. Songpa District (0.49%), Yeongdeungpo District (0.25%), Seocho District (0.24%), Guro District (0.21%), and Gangdong District (0.21%) rose. Gyeonggi Province rose 0.13%, Incheon rose 0.10%, and non-capital regions rose 0.04%.