On the seasonal adjustment of Korea housing price index of Korea real estate board

Key Points

• This analysis aims to evaluate the seasonal adjustment of the Korea housing price index.
• Conducted diagnostic analysis of current seasonal adjustments.
• Assessed seasonality in transaction types (sales vs. rentals).
• Examined seasonal patterns and autocorrelation in housing data.
• Confirmed that seasonal adjustment has been stable and appropriate.
• Found minimal seasonal effects in sales transactions.
• Identified significant but weak seasonal autocorrelation in rental transactions.

Abstract