Home Ownership Rate in South Korea increased to 58 percent in 2019 from 57.70 percent in 2018. source: Statistics Korea

Home Ownership Rate in South Korea averaged 55.99 percent from 2006 until 2019, reaching an all time high of 58 percent in 2019 and a record low of 53.60 percent in 2014. This page provides the latest reported value for - South Korea Home Ownership Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. South Korea Home Ownership Rate - values, historical data and charts - was last updated on October of 2021.

Home Ownership Rate in South Korea is expected to reach 58.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Home Ownership Rate is projected to trend around 58.50 percent in 2022, according to our econometric models.

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South Korea Home Ownership Rate

South Korea Last Unit Reference Previous Highest Lowest
Construction Output 0.30 percent Aug/21 -8.00 26.40 -30.50
Construction Orders 6048390.00 KRW Million Aug/21 6158537.00 15128796.00 23.00
Home Ownership Rate 58.00 percent Dec/19 57.70 58.00 53.60