KRIHS 2026.9Nationwide KB Apartments

Cumulative response of apartment prices after a 0.25%p interest rate shock

When interest rates rise, the decline is greatest at 6 months; when they fall, the rise accumulates throughout 2 years.

Interest rate hike phase (increase) Entire period (increase) Interest rate cut phase (decrease)

Hatched bars indicate values that are not statistically significant as the 90% confidence interval includes 0. Source: KRIHS Land Issue Report No. 95, Table 2.