Real estate in Busan: what makes the region interesting
Home prices changed by +2.5%¹ over the year (by country, Q2 2026). Central bank key rate — 3%⁴. Country's economic growth in 2025 — +1%⁵, on average for 2016–2025 — +2.3%⁶ per year. Inflation — 2.8%² (July 2026), income per capita — $37,880³ per year.
Housing market in numbers
Housing prices since 2016
+26%
Housing Price Index · by country · BIS · Q1 2016 – Q2 2026
Annual change in housing prices
+2.5%
by country · BIS · Q1 2016 – Q2 2026
Central bank key rate
3%
by country · BIS · Jan 2016 – Sep 2026
Loan rate
4.2%
by country · World Bank · 2016 – 2025
Country economy in numbers
Inflation
2.8%
by country · World Bank · Jan 2016 – Jul 2026
Income per person per year
$37,880
by country · World Bank · 2016 – 2025
Economic growth
+1%
by country · World Bank · 2016 – 2025
Unemployment
2.7%
by country · World Bank · 2016 – 2025
Natural anchors
Nature and climate of Busan
≈ m above sea level — low: coastal zone at risk of sea level rise.
Water
12 °C⁷ in January · 25 °C⁷ in July
Precipitation
1,226 mm⁸ per year
Hotels
1,151⁹ accommodation properties within 50 km radius
Average temperatures and precipitation by month
Loading climate data…
Society, language, religion
How Life is Organized in Busan
Country population
51.7M¹⁰
Political stability
82 out of 100¹¹
Unemployment
2.7%¹²
Population and stability
Country population
51.7M
by country · World Bank · 2016 – 2025
Political stability
82 out of 100
by country · World Bank · 2016 – 2025
Sources
1BIS — Annual change in housing prices, Q2 2026 · Bank for International Settlements (BIS) statistics
2World Bank — Inflation, July 2026 · World Bank, Global Economic Monitor (CC BY 4.0)
3World Bank — Income per person per year, 2025 · World Bank, World Development Indicators / Worldwide Governance Indicators (CC BY 4.0)
4BIS — Central bank key rate, Oct 8, 2026 · Bank for International Settlements (BIS) statistics
5World Bank — Economic growth, 2025 · World Bank, World Development Indicators / Worldwide Governance Indicators (CC BY 4.0)
6World Bank — Economic growth, 2016–2025; calculated from source data · World Bank, World Development Indicators / Worldwide Governance Indicators (CC BY 4.0)
7Open-Meteo Marine — Sea surface temperature, average for January and July 2025