The Real Estate Gross Value Added (GVA) in South Korea is forecasted to grow consistently from 2024 through 2028. In 2023, the GVA stood at 155.4 Trillion South Korean Wons. The year-on-year variations are as follows: 2024 shows a 2.15% increase, 2025 sees a 2.18% rise, 2026 observes a 2.11% growth, 2027 indicates a 2.04% jump, and 2028 registers a 1.98% hike. Averaging these values over the last five years results in a Compound Annual Growth Rate (CAGR) of approximately 2.09%.
Future trends to watch for in the South Korean real estate market include potential impacts from technological advancements, shifts in demographic trends, changes in regulatory policies, and global economic conditions. These factors could significantly influence market dynamics and growth trajectories in the coming years.
Latest reports
US Real Estate Market Report- Q4 2024
The US real estate market in Q4 2024 exhibited a complex landscape influenced by economic conditions, technological advancements, and sector-specific trends. This quarter...
China Real Estate Market Report- Q1 2025
In the first quarter of 2025, China's real estate market is navigating a complex period of attempted recovery amid persistent challenges. The sector...
Japan Real Estate Market Report- Q1 2025
In the first quarter of 2025, Japan's real estate market experienced significant developments influenced by economic, demographic, and technological factors. The market saw...
Germany Real Estate Market Report- Q4 2024
In the fourth quarter of 2024, the Real Estate Germany market presented a complex landscape characterized by stabilization and strategic shifts across various...
India Real Estate Market Report- Q1 2025
The Indian real estate market in Q1 2025 has displayed robust dynamics across various segments, driven by strategic investments, policy support, and evolving...
UK Real Estate Market Report- Q1 2025
The UK real estate market in the first quarter of 2025 showcased resilience amidst economic challenges, underscored by varied performances across different segments....
France Real Estate Market Report- Q1 2025
The first quarter of 2025 has highlighted significant shifts in the French real estate market, driven by evolving economic conditions, consumer preferences, and...
Canada Real Estate Market Report- Q1 2025
The Canadian real estate market in the first quarter of 2025 is characterized by dynamic shifts across various segments, influenced by economic, regulatory,...
Brazil Real Estate Market Report- Q1 2025
The Brazilian real estate market in the first quarter of 2025 exhibited dynamic trends across various segments, significantly influenced by economic conditions and...
Italy Real Estate Market Report- Q1 2025
The first quarter of 2025 has unveiled significant developments in Italy's real estate market, driven by strategic investments and evolving consumer preferences. The...
