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비주얼

Major Business

  • Major Business
  • Real Estate Survey Statistics
  • Countrywide Land Price Fluctuation Survey

Countrywide Land Price Fluctuation Survey

Overview of Survey

Name of statistics

Countrywide Land Price Fluctuation Survey

First year of preparation

1975

Type of statistics

Designation & survey statistics

Legal Basis

  • Approval No.: No. 315001
  • Approval date: May 21, 1984
  • Article 19 of the Act on the Reporting of Real Estate Transactions, etc. and Article 17 of the Enforcement Decree of the same Act.

Purpose of Survey

Countrywide land price fluctuation situations are surveyed and used as the data for time correction, etc. when implementing land prices and conducting appraisals.

Survey Cycle

Monthly

Survey Subjects

  • Objects: Land
  • Range: 80,000 lots
  • Unit: 250 si/gun/gu and basic administrative districts (eup/myeon/dong)
  • Areas: Entire country

    Basic districts (eup/myeon/dong) : Survey unit (limited to dong areas, eup/myeon areas configure individual units) segmented by binding 1-5 legal dong having a close relationship in terms of geographical adjacency and similar price districts, etc.

Method of Survey

Samples and actual measurement surveys

Survey System

  • STEP01

    Ministry of Land, Infrastructure and Transport

    (Requesting survey/appraisal)

  • STEP02

    REB

    (Performance of survey/appraisal and preparation of statistics)

Survey Period

  • Reference time of survey : 1st of the next month after the corresponding month.
  • Survey period : From the 24th of the corresponding month to the 17th of the next month (about 25 days).

Continuity

Continuous statistics

Main history

  • May 21, 1984 : Approved preparation of statistics (No. 315001).
  • Dec. 9, 1996 : Designation of statistics
  • Apr. 2003 : Approval of amendment (Reorganization of survey system to meet changed service areas).
  • Jan. 2005 : Reorganization of the survey cycle (Quarterly →Monthly).
  • Jan. 2012 : Amendment of the survey system ((Korea Land and Housing Corporation / Korea Association of Property Appraisers →Korea Appraisal Board).
  • Sep. 2012 : Approval of amendment of statistics (redesign of samples to reflect changes in population (Reference time October 1st, 2012 = 100.0))
  • Nov. 2014 : Approval of amendment of statistics (redesign of samples to reflect the increased number of samples and changes in population [Reference time December 1, 2014 =100]).
  • Jul. 2015 : Approval of amendment of statistics (expansion of announcement unit of each eup/myeon/dong and additional announcement of auxiliary indexes).
  • Jan. 2017 : Approval of amendment of statistics (redesign of samples to reflect increased number of samples and changes in population [Reference time December 1st, 2016 =100]).
  • Dec. 2017 : Adjustment of basic districts (3,135 →3,134 districts, reflection of administrative districts in Namyangju-si, Gyeonggi-do [installation of Dasan-dong, etc.]).
  • Oct. 2020 : Approval of amendment of statistics (redesign of samples to reflect changes in population [Reference time September 1st, 2020 = 100], adjustment of basic districts to 3,139 districts).