A woman passes by a real estate agency situated in downtown Seoul on Wednesday.
A woman passes by a real estate agency situated in downtown Seoul on Wednesday. [YONHAP]
A woman passes by a real estate agency situated in downtown Seoul on Wednesday.
Housing prices in the capital have been surging for over a year. The average jeonse (large lump-sum rent deposit) price rose to exceed 24 million won ($17,446) per 3.3 square meters (35.5 square feet), according to data from KB Land, a private real estate statistics provider.
![A woman passes by a real estate agency situated in downtown Seoul on Wednesday. [YONHAP]](https://img2.daumcdn.net/thumb/R658x0.q70/?fname=https://t1.daumcdn.net/news/202408/07/koreajoongangdaily/20240807191415028iwqs.jpg)