The Ministry of Land, Infrastructure, Transport and Tourism published on July 31, 2025, the Real Estate Price Index for April 2025 and Q1 2025. The seasonally adjusted value for total residential decreased 3.2% month-over-month to 142.1, and the seasonally adjusted value for total commercial real estate decreased 0.6% quarter-over-quarter to 144.3 (2010 average = 100).
In the residential sector, residential land decreased 1.2% month-over-month to 117.2, detached houses decreased 5.5% month-over-month to 118.5, and condominiums (sectional ownership) decreased 1.6% month-over-month to 213.2. In commercial real estate, stores remained flat quarter-over-quarter at 159.7, offices decreased 5.4% quarter-over-quarter to 170.9, and apartment buildings (whole building) increased 2.4% quarter-over-quarter to 172.2.
The Real Estate Price Index serves as an official price indicator based on real estate transaction price information, playing an important role in understanding real estate market trends and policy formulation. Published as preliminary values, revisions are made for three months after initial publication. The Real Estate Market Development Division of the Real Estate and Construction Economy Bureau at the Ministry of Land, Infrastructure, Transport and Tourism is responsible for the survey.