Mortgage loan originations in South Korea in 2023, by housing type

Published by
H. Yoo,
Aug 9, 2024

As of July 2024, around 30.7 trillion South Korean won worth of Bogeumjari (mortgage) loan originations were recorded for apartments in South Korea for 2023. Mortgage loan originations for apartments were significantly higher than that of loans for other housing types.

Mortgage loan originations in South Korea in 2023 recorded as of July 2024, by housing type (in billion South Korean won)

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Release date

July 2024

Region

South Korea

Survey time period

2023

Special properties

based on Bogeumjari loans

Supplementary notes

Bogeumjari loans are fixed-rate mortgage loans designed to help mainly lower-income people or first-time prospective homeowners purchase homes.

1,000 South Korean won equals 0.72 U.S. dollars or 0.67 euro as of July 2024. 

Release date is the date of access. 

Figures have been rounded.

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